In order to have an effect, a price ceiling must be set ________
A) above the equilibrium price
B) equal to the equilibrium price
C) below the equilibrium price
D) by suppliers
C
Economics
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Keynesians believe a change in the money supply cannot lower the unemployment rate.
Indicate whether the statement is true or false.
Economics
In the United States, recessions are informally defined as ________ in real GDP
A) two consecutive quarters of positive growth B) two consecutive quarters of negative growth C) three consecutive quarters of negative growth D) three consecutive quarters of positive growth
Economics