Which of the following is an example of a price-ceiling?
A) a minimum wage
B) a sales tax
C) none of the above
D) a rent control
Correct Answer:
Verified
Q45: If a price ceiling is leading to
Q46: A legal minimum price at which a
Q47: Graph 6-1 Q48: If a price ceiling results in a Q49: If a price ceiling is binding: Q51: Price controls are: Q52: The world price for fuel is a Q53: Some developing countries have used price ceilings Q54: A price ceiling that is not binding: Q55: A binding price floor on wheat will:
A)the equilibrium
A)usually enacted when policymakers believe
A)is
A)force
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