An Economic Advisory Committee Is Split on a Decision on How

question 99

Multiple Choice

An economic advisory committee is split on a decision on how to react to an export ban by Mexico of avocados.Isaac wants to put a price ceiling on avocados to ensure an adequate demand; Flora wants to put a price floor on avocados to ensure an adequate supply.April claims that doing nothing is the best response.Who understands economics the best?

• A) Isaac
• B) Flora
• C) April
• D) none of them,since none of these policies will organize this disrupted market
• E) Any of the responses will work under the proper circumstances.

---

Definitions:

Group Members

Individuals who are part of a collective or team, sharing common goals, tasks, or interests within the group.

Rational-emotive Behavior Therapy

A form of psychotherapy that identifies irrational beliefs, challenges these beliefs, and encourages the adoption of more rational and realistic thinking.

Cognitive Therapy

A type of psychological therapy that involves identifying and challenging negative thought patterns to alter unwanted behavior patterns or treat mood disorders.

Pathological Behavior

Actions or behaviors that are extreme or abnormal, often indicating the presence of a psychological disorder or disease.