A Predictable Result of the Imposition of Binding Price Floors

question 37

Multiple Choice

A predictable result of the imposition of binding price floors or price ceilings is

• A) surpluses.
• B) a reduction in quantities exchanged.
• C) production control by the government.
• D) shortages.
• E) a more equitable distribution of commodities.

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Definitions:

Cytotrophoblast

Inner layer of the trophoblast, composed of individual cells.

Chorionic Villi

Microscopic, finger-like projections that emerge from the chorion to provide nutrient transfer from maternal blood to the fetus.

Amniotic Cavity

The fluid-filled space between the embryo or fetus and the amniotic sac, providing protection and facilitating movement.

Gastrulation

A phase early in the embryonic development of most animals, during which the single-layered blastula is reorganized into a multilayered structure known as the gastrula.