The quantity sold in a market will decrease if the government
a. decreases a binding price floor in that market.
b. increases a binding price ceiling in that market.
c. increases a tax on the good sold in that market.
d. All of the above are correct.
c
Economics
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In the IS-LM model, we can be at natural real GDP with a low interest rate given the combination of ________ fiscal policy and ________ monetary policy
A) tight, tight B) tight, easy C) easy, tight D) easy, easy
Economics
If your retirement income from your employer's retirement plan depends on the performance of the pre-tax investments that you and your employer have made over time, then your employer's plan is a
A. defined benefit plan. B. calculated retirement plan. C. Social Security plan. D. defined contribution plan.
Economics