One of the important differences between binding and not binding price ceiling is that a binding price ceiling is set above the equilibrium price, while a not binding price ceiling is set below the equilibrium price

The problem of vesting and funding are avoided by __________ pension plans

A) both defined benefit and defined contribution B) defined benefit C) defined contribution D) neither defined benefit nor defined contribution

The demand curve for bonds would be shifted to the left by an

A) increase in wealth. B) increase in expected returns on bonds. C) increase in expected inflation. D) increase in the liquidity of bonds relative to other assets.