Which of the following government programs will create a surplus?
A) Rent control
B) The minimum wage law
C) Usury laws
D) Price controls on oil
Correct Answer:
Verified
Q111: The adjustment of the _ is the
Q112: As price falls,quantity demanded
A)rises.
B)falls.
C)remains the same.
Q113: When a price ceiling which had been
Q114: Which statement is false?
A)Rent control is a
Q115: If the price ceiling is set above
Q117: If quantity demanded is greater at each
Q118: A decrease in equilibrium quantity would result
Q119: When the price is $3
A)quantity supplied is
Q120: When market price is below equilibrium price
A)a
Q121: When quantity supplied is greater than quantity
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