To keep the price at the level set by a price support, the government must
A) buy some of the good.
B) sell some of the good.
C) receive a subsidy from the producers.
D) insure that imports are readily available.
E) be careful to always set the price support below the equilibrium price.
A
Economics
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The futures price at which you sold 20 futures contracts is $5.00 per bushel. The next day, the futures price drops to $4.80 per bushel. What is the balance in your brokerage account if the initial margin is $2,000 per contract?
A. $20,000 B. -$10,000 C. -$20,000 D. $60,000
Economics
The more difficult it is for a firm to adjust its labor force in the face of economic fluctuation, the more likely the firm is to hire new workers
a. True b. False Indicate whether the statement is true or false
Economics