What is a price floor?

A legislation fixing the minimum price of a commodity above the market-clearing or the equilibrium price is called a price floor.

Economics

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The Federal Reserve____

a. operates independently from Congress and the President b. consists of representatives who are elected by the American people c. is an agency of the US Treasury Dept, which falls under the Executive Branch of govt d. all

Economics

Why are bonds risky to a corporation?

Economics