All of the following are problems associated with price ceilings except
a. chronic excess demand
b. an eventual decline in the number of suppliers
c. the need to use ration coupons to purchase the good
d. chronic excess supply
e. landlords failing to maintain rent-controlled properties adequately
d. chronic excess supply
Economics
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The general public has strong incentives to be informed about regulations that impact them
a. True b. False
Economics
Other things equal, Canadian imports of U.S. goods:
A. create a supply of Canadian dollars in the foreign exchange market. B. create a supply of U.S. dollars in the foreign exchange market. C. reduce the demand for U.S. dollars. D. have no effect on the U.S. dollar price of Canadian dollars.
Economics