An effective government imposed price ceiling will result
A) in a surplus on the market.
B) in a shortage on the market.
C) in additional revenue for the government.
D) in prices for the product falling in the future.
B
Economics
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State and local sales taxes are typically progressive
a. True b. False Indicate whether the statement is true or false
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The relationship between consumption and disposable income is the:
a. spending function. b. consumption function. c. autonomous consumption. d. household consumer spending e. household spending function.
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