A surplus will result whenever the:
a. government imposes a price floor below the equilibrium price.
b. government imposes a price ceiling below the equilibrium price.
c. government imposes a price floor above the equilibrium price.
d. government imposes a price ceiling above the equilibrium price.
c
Economics
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What will be the principal and most immediate effect on the supply or demand for raw cotton grown in the United States if the price of synthetic textiles declines?
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If currency speculators decide that the value of the dollar should rise in the future relative to the yen, this will increase the demand for dollars and decrease the supply of dollars
Indicate whether the statement is true or false
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