Multiple Choice
The demand for corn has increased in May without any change in supply. Eight months later there still has been no change in corn prices. This is an example of a
A) price floor.
B) price control.
C) sticky price.
D) macroeconomic price.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q110: A cash payment made by the government
Q111: Since 1970, the U.S. economy has experienced
Q112: Policies designed to affect the quantity of
Q113: Inflation is a(n)<br>A) decrease in the overall
Q114: A period of very rapid increase in
Q116: Which of the following is a topic
Q117: Since 1970, the U.S. economy has experienced
Q118: To get the economy out of a
Q119: Rapid increases in the price level during
Q120: In the circular flow diagram, firms' payments