If the Government Thinks the Price That a Consumer Has

question 4

Multiple Choice

If the government thinks the price that a consumer has to pay for a good is too low,then which of the following would solve this problem?

• A) a price ceiling or an excise tax
• B) a price floor or an excise tax
• C) a price ceiling or a subsidy
• D) a price floor or a subsidy
• E) none of the above will lower the price a consumer has to pay for a good

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Definitions:

Serial Monogamy

A pattern of engaging in successive monogamous romantic relationships, where an individual has only one partner at a time but multiple partners over their lifetime.

Exclusive Sexual Relationship

A romantic relationship where partners agree to engage in sexual activities only with each other, not allowing sexual activities outside the relationship.

Serial Polygamy

The practice of engaging in multiple marriages one after the other, where an individual legally marries, divorces, and then marries another partner.

Cohabitation

Cohabitation involves living together in a sexual relationship without being married.