Price ceilings keep market price
A. above the equilibrium price and create surpluses.
B. above the equilibrium price and create shortages.
C. below the equilibrium price and create surpluses.
D. below the equilibrium price and create shortages.
D. below the equilibrium price and create shortages.
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At the beginning of the year, United Delivery had trucks valued at $1.3 million. During the year, United Delivery purchased new trucks valued at $500,000
If the value of the trucks at the end of the year was $1.5 million, what is the amount of its net investment and its depreciation during the year?
Which of the following can be described as when a bank buying securities owned by a business while agreeing to sell them back at a later date?
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According to Classical economists in the 1930s, a recession will end when:
A. government creates enough jobs for all of the unemployed. B. wages fall enough to eliminate unemployment. C. wages rise enough to eliminate unemployment. D. taxes are cut enough to stimulate private spending.
The prevalence of Alzheimer's dementia is very high among residents living in nursing homes. A student concludes that it is likely that living in a nursing home causes Alzheimer's dementia. What is the flaw in the student's reasoning?
A) The student has failed to take into account other causes of Alzheimer's disease. B) The student is drawing a false conclusion; he is confusing cause and effect. C) The student is using an inadequate sample size. D) The student is drawing a false conclusion by making the mistake of omitting critical variables such as the age and gender of the residents.