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Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
2 / 494 |
Essay's paper body
a wage subsidy.
d. a price control.
(ANSWER: C)
TRUE/FALSE
[xi]. A government imposed tax on a market shrinks the size of the market. (ANSWER: T)
[xii]. The incidence of a tax depends on whether the tax is levied on buyers or sellers.
(ANSWER: F)
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Supply, Demand, and Government Policies
MULTIPLE CHOICE
[i]. A price floor
a. is a legal minimum on the price at which a good can be sold.
b. is a legal maximum on the price at which a good can be sold.
c. will generally result in a market shortage.
d. will benefit the consumer, but hurt the supplier...
Essay fragment
General points of the essay
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