Which statement is false?
A) Rent control is a price ceiling.
B) Usury laws can lead to a surplus of loanable funds.
C) The government,to encourage family farms to stay in business,created price supports for corn and wheat.
D) Price ceilings prevent prices from rising.
Correct Answer:
Verified
Q109: As price rises,quantity supplied
A)rises.
B)falls.
C)remains the same.
Q110: It is necessary to ration a good
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
Q115: If the price ceiling is set above
Q116: Which of the following government programs will
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
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