Rent control is an example of a price floor
Indicate whether the statement is true or false
FALSE
Economics
You might also like to view...
What is a fixed exchange rate and how is its value fixed?
What will be an ideal response?
Economics
When the Consumer Price Index falls from 110 to 100
a. there is inflation of 9.1% and the value of money decreases. b. there is deflation of 9.1% and the value of money increases. c. there is deflation of 10% and the value of money increases. d. there is inflation of 10% and the value of money decreases.
Economics