Suppose a price ceiling is set above the equilibrium price. Now suppose that policy makers decide to raise the price ceiling. This increase in the price ceiling will cause which of the following to occur?
A) The surplus in the market will increase.
B) The surplus in the market will decrease.
C) The shortage in the market will increase.
D) none of the above
D
Economics
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If you purchase a $100,000 interest-rate futures contract for 110, and the price of the Treasury securities on the expiration date is 106, your ________ is ________
A) profit; $4000 B) loss; $4000 C) profit; $6000 D) loss; $6000
Economics
The percentage of the noninstitutionalized working-age individuals who are employed or seeking work is known as
A) the labor force. B) the labor force participation rate. C) discouraged worker. D) the stock of employed and unemployed workers.
Economics