A law establishing a maximum legal price for a good or service is known as

a. an equilibrium price.
b. a price floor.
c. a price ceiling.
d. a price wall.


C

Economics

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Recent guest worker programs have involved temporary migration from

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An increase in government spending financed by borrowing changes people's expectations about future taxation such that current consumption expenditures

a. fall. The increase in expenditures makes it likely that future taxes will create smaller distortions. b. fall. The increase in expenditures makes it likely that future taxes will create larger distortions. c. rise. The increase in expenditures makes it likely that future taxes will create smaller distortions. d. rise. The increase in expenditures makes it likely that future taxes will create larger distortions.

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Induced taxes...

What will be an ideal response?

Economics