16370993
Descripción
Test por Имя Фамилия, actualizado hace más de 1 año
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Creado por Имя Фамилия
hace casi 6 años
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Pregunta 1
Pregunta
Suppose that a regulation is in place that does not allow the price of a good to exceed $5. If this price is above the equilibrium point in the market, this would be an example of a:
Respuesta
-
binding price ceiling.
-
non-binding price ceiling.
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binding price floor.
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non-binding price floor.
Pregunta 2
Pregunta
Suppose that a regulation is in place that does not allow the price of a good to fall below $10. If this price is above the equilibrium point in the market, this would be an example of a:
Respuesta
-
binding price ceiling.
-
non-binding price ceiling.
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binding price floor.
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non-binding price floor.
Pregunta 3
Pregunta
Suppose that a regulation is in place that does not allow the price of a good to exceed $5. If this price is below the equilibrium point in the market, this would be an example of a:
Respuesta
-
binding price ceiling.
-
non-binding price ceiling.
-
binding price floor.
-
non-binding price floor.
Pregunta 4
Pregunta
If a price floor is in place and it is binding, the market will:
Respuesta
-
remain in equilibrium, unaffected by the price floor.
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experience a shortage.
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experience a surplus.
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adjust the equilibrium price until it is equal to the price floor.
Pregunta 5
Pregunta
If a price ceiling is in place and it is binding, the market will:
Respuesta
-
remain in equilibrium, unaffected by the price floor.
-
experience a shortage.
-
experience a surplus.
-
adjust the equilibrium price until it is equal to the price ceiling.
Pregunta 6
Pregunta
If a price floor is in place and it is not binding, the market will:
Respuesta
-
remain in equilibrium, unaffected by the price floor.
-
experience a shortage.
-
experience a surplus.
-
adjust the equilibrium price until it is equal to the price floor.
Pregunta 7
Pregunta
If a tax is imposed on buyers of a good, the ________ curve of the good will shift ________ by the amount of the tax.
Respuesta
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demand, up
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demand, down
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supply, up
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supply, down
Pregunta 8
Pregunta
If a tax is imposed on sellers of a good, the ________ curve of the good will shift ________ by the amount of the tax.
Respuesta
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demand, up
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demand, down
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supply, up
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supply, down
Pregunta 9
Pregunta
If a tax is imposed on a good and the incidence of the tax ends up falling more heavily on the sellers than on the buyers, we can tell that:
Respuesta
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demand is more elastic than supply for that good.
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demand is less elastic than supply for that good.
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the tax was imposed on the buyers of the good.
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the tax was imposed on the sellers of the good.
Pregunta 10
Pregunta
If a tax is imposed on a good and the incidence of the tax ends up falling more heavily on the buyers than on the sellers, we can tell that:
Respuesta
-
demand is more elastic than supply for that good.
-
demand is less elastic than supply for that good.
-
the tax was imposed on the buyers of the good.
-
the tax was imposed on the sellers of the good.
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