A pay cap, acting as a price ceiling, for superintendent pay would do what in the labor market?
A. Decrease the supply of superintendents.
B. Cause a shortage of superintendents.
C. Increase the demand of superintendents.
D. Cause a surplus of superintendents.
Answer: B
Economics
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There is a negative relationship between the real rate of interest and investment spending
Indicate whether the statement is true or false
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Congress authorized a second Bank of the United States partly in response to:
A) difficulty in funding the American Revolution B) difficulty in funding the War of 1812 C) difficulty in funding the Industrial Revolution D) difficulty in funding the Civil War
Economics