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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | Apr 2017 |
| Last Sign in: | 327 Weeks Ago, 5 Days Ago |
| Questions Answered: | 12843 |
| Tutorials Posted: | 12834 |
MBA, Ph.D in Management
Harvard university
Feb-1997 - Aug-2003
Professor
Strayer University
Jan-2007 - Present
If the government wishes to lower the price of a good without creating an imbalance in the market, what is the best way to accomplish this?
A.Impose a price ceiling.
B.Impose a price floor.
C.Tax the good.
D.Subsidize the good.
Â
If a price floor is nonbinding, the market price will be __________ the market equilibrium.
A.Below
B.Above
C.Equal to
Â
Real GDP differs from nominal GDP in that real GDP accounts for
A.Government purchases.
B.Changes in prices.
C.The underground economy.
D.All of the above.
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