A Price Floor Set Above the Equilibrium Price Causes Quantity

question 159

True/False

A price floor set above the equilibrium price causes quantity supplied to exceed quantity demanded.

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Congressional Lobbying

The act of advocating for, opposing, or attempting to influence legislation or policy decisions by members of congress, typically conducted by lobbyists on behalf of interest groups.

National Labor Relations Board

An independent agency of the U.S. government responsible for enforcing U.S. labor law in relation to collective bargaining and unfair labor practices.

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Employee Polygraph Protection Act

A U.S. federal law that generally prevents employers from using lie detector tests, either for pre-employment screening or during the course of employment, with certain exceptions.