A price floor set above the equilibrium price causes a surplus in the market
a. True
b. False
Indicate whether the statement is true or false
True
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The primary assets of a finance company are
A) municipal bonds. B) corporate stocks and bonds. C) consumer and business loans. D) mortgages.
Minimum-wage laws are one reason there is always some unemployment in the U.S. economy
a. True b. False Indicate whether the statement is true or false
Why hasn't the U.S. ratified the Kyoto Protocol?
a. It views the agreement as not merely flawed or incomplete, but actually harmful. b. It fears the economic consequences of reducing fossil fuel use. c. It does not consider the environment a major priority. d. Its leaders and politicians overwhelmingly believe global warming is not a real threat.
Which of the following makes it possible for even a small investor to hold a diverse set of stocks and still keep the cost of purchasing additional stock holdings low?
What will be an ideal response?