Usury laws are a form of price _____ and rent control is a form of price _____.
A. floor; floor
B. ceiling; ceiling
C. ceiling; floor
D. floor; ceiling
B. ceiling; ceiling
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Refer to Figure 3-2. A decrease in the price of the product would be represented by a movement from
A) A to B. B) B to A. C) S1 to S2. D) S2 to S1.
A government strong enough to protect individual rights is also strong enough to violate them
a. True b. False
Economic fine-tuning is the (usually frequent) use of
A) monetary policy that is based on a predetermined steady growth rate in the money supply to counteract even small undesirable movements in economic activity. B) only fiscal policy to counteract even small undesirable movements in economic activity. C) monetary and fiscal policies to counteract even small undesirable movements in economic activity. D) fiscal policy that both balances the budget and counteracts even small undesirable movements in economic activity.
When Carvana sold stock to the public in its IPO, it did so through the New York Stock Exchange. This is an example of Carvana using ________ to raise funds
A) indirect finance B) direct finance C) bonds D) corporate governance