When the government establishes a minimum price for an agricultural product above the equilibrium price, the government is creating a(n)
A) price ceiling.
B) elevated price.
C) price floor.
D) surplus price.
Answer: C
Economics
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When the government sells its debt to citizens rather than other government agencies it is creating external debt
Indicate whether the statement is true or false
Economics
The demand for money varies:
A. inversely with wealth. B. inversely with the liquidity of other financial assets. C. directly with the liquidity of other financial assets. D. not all with the liquidity of other assets since money is liquid.
Economics