Which of the Following Statements Is True

question 62

Multiple Choice

Which of the following statements is true?

• A) Price ceilings set below the equilibrium price cause shortages.
• B) Surpluses cause price ceilings to be imposed.
• C) Neither a price ceiling nor a shortage is the cause of the other.
• D) Federal law states that price ceilings cannot be imposed for longer than a month.

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Definitions:

Heartbeat

The rhythmic contraction and expansion of the heart, especially as felt through the walls of arteries.

Hypertension

A condition characterized by consistently high blood pressure.

Blood Pressure

The force that circulating blood exerts on the walls of blood vessels, critical for determining circulatory health.

Heart Attack

A medical emergency caused by the interruption of blood flow to the heart muscle, potentially leading to tissue damage or death.