The predominant condition that encourages governments to place price floors on markets is
a. the need for consumers to buy products at reasonable prices
b. a war situation in which excess demands occur resulting in price increases
c. a substantial increase in income, which shifts the demand curve to the left
d. a series of substantial crop failures that shift the supply curve of food to the left
e. technological changes that shift the supply curve to the right
E
Economics
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Refer to Figure 3-4. At a price of $25, how many units will be sold?
A) 400 B) 500 C) 600 D) 800
Economics
The basic transfer is defined as
(a) net capital inflow. (b) interest payments on foreign debt. (c) net capital inflow divided by interest payments on foreign debt. (d) net capital inflow minus interest payments on foreign debt.
Economics