An Example of a Price Floor Is a

question 29

Multiple Choice

An example of a price floor is a

• A) rent control.
• B) minimum wage.
• C) subsidy.
• D) quota.

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Definitions:

Public Sector Budget Austerity

Economic policy measures that involve significant reductions in government spending and benefits, often used to reduce public sector debt.

Financialization

Financialization denotes the increasing dominance of financial markets, financial motives, financial institutions, and financial elites in the economy, shaping corporate and economic policies.

Financial Institutions

Organizations that provide financial services, such as banks, insurance companies, pension funds, and investment firms.

Financialization

The increasing dominance of financial markets, financial motives, financial institutions, and elites in the economy, influencing social and economic policies.