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applesauce234 applesauce234
wrote...
Posts: 343
6 years ago
If a price floor above the equilibrium price is imposed, the price floor will lead to
A) no change.
B) a shortage.
C) a surplus.
D) first a surplus and then a shortage as the market responds.
E) price ceiling being imposed.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Answer verified by a subject expert
acarusoacaruso
wrote...
Posts: 144
6 years ago
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applesauce234 Author
wrote...
6 years ago
Genius!!!!!!
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