If the government wanted to reduce the quantity of a good traded, it could do so by:
a. setting a price ceiling for the good below the equilibrium price.
b. setting a price floor for the good above the equilibrium price.
c. taxing the good more heavily
d. doing any of the above.
d
Economics
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In a fixed exchange rate system, an increase in the exchange rate at which a currency is pegged is called a(n)
A) devaluation. B) revaluation. C) depreciation. D) appreciation.
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What is the free-rider problem?
What will be an ideal response?
Economics
If the LM curve is subject to wider fluctuations than the IS curve, the Federal Reserve could minimize GDP fluctuations by targeting
A) money demand. B) money supply. C) the interest rate. D) the price level.
Economics
The amount of redistribution in the United States has increased considerably since 1968 . Over that same period, the percentage of households in poverty has _____
a. fallen b. risen c. remained constant d. fell until 1982 at which point it began rising again
Economics