Examlex
Which of the following is FALSE?
Consumer Income
Consumer income is the total earnings of an individual or household from various sources, including employment, investments, and government assistance, available for spending and saving.
Price Floor
A government or group-imposed limit that prevents prices of goods or services from falling below a certain level.
Equilibrium Price
The price in the market where the amount of products offered matches the amount of products people want to buy.
Quantity Supplied
The amount of a good or service that producers are willing and able to sell at a particular price over a specified period.
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