Which of the following examples would most likely be caused by a price floor?
a. shortage of unemployed skilled professionals
b. surplus of unemployed skilled professionals
c. shortage of unemployed unskilled workers
d. surplus of unemployed unskilled workers
d. surplus of unemployed unskilled workers
Economics
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Corporations account for a ____ proportion of U.S. firms and a ____ proportion of sales by U.S. firms
a. small; small b. small; large c. large; small d. large; large
Economics
Which of the following is an example of a decrease in government purchases? a. The government cancels an order for new military equipment
b. The Federal Reserve sells government bonds. c. The government increases personal income taxes. d. The government decreases unemployment insurance benefit payments.
Economics