Multiple Choice
Many states have laws that limit the maximum amount of interest that a lender can charge a borrower.Such a law is an example of a(n)
A) equilibrium price.
B) price ceiling.
C) price floor.
D) black market price.
E) ration price.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q11: The minimum wage law is an example
Q12: Let's say that Esther is a politician
Q13: Why does a shortage that occurs under
Q14: Why is raising the minimum wage generally
Q15: Of the following cause-and-effect relationships,which is the
Q17: Use the following information to answer the
Q18: The usual stated political goal of rent
Q19: What reasons are given by government to
Q20: Suppose Solomon lives in a community with
Q21: Use the following table to answer the