A price floor set below the equilibrium price causes quantity supplied to exceed quantity demanded
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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By the end of the 1960s, fiscal activism was falling out of favor due to its long ________ lag and, as predicted by the permanent-income hypothesis, the ________ of the 1968 tax surcharge
A) legislative, ineffectiveness B) legislative, overstimulation C) effectiveness, ineffectiveness D) effectiveness, overstimulation
Economics
How does the United States differ from the European Union in how it balances the competing claims of equality and efficiency?
What will be an ideal response?
Economics