Price ceilings, such as rent ceilings, set below the equilibrium price
A) increase producer surplus.
B) decrease producer surplus.
C) do not affect producer surplus.
D) might increase or decrease producer surplus.
B
Economics
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Export subsidies lead to
A) greater production of exportables and higher internal prices for these goods. B) greater production of exportables and lower internal prices for these goods. C) greater production of importables and higher internal prices for these goods. D) None of the above.
Economics
In the short run,
a. the labor market is always in equilibrium b. actual output can deviate from potential output c. crowding out is always complete d. total output is independent of spending e. spending is independent of total income
Economics