The rationing mechanisms that develop under binding price floors are usually efficient
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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If the demand for Home exports decreased abroad, the Home fall in output would be greatest
A) if the decrease was temporary and the exchange rate was fixed. B) if the decrease was temporary and the exchange rate was floating. C) if the decrease was permanent and the exchange rate was fixed. D) if the decrease was permanent and the exchange rate was floating. E) if the decrease was permanent and the exchange rate was high.
Economics
The FE line shows the level of output at which the ________ market is in equilibrium
A) Goods B) Asset C) Labor D) Money
Economics