If the Government Wants to Manipulate the Equilibrium Price,it Will

question 42

True/False

If the government wants to manipulate the equilibrium price,it will normally create a price floor or price ceiling;if the government want to manipulate the equilibrium quantity,it will normally impose taxes or award subsidies.

---

Definitions:

Degrees of Freedom

The number of independent values or quantities which can be assigned to a statistical distribution or to a system without violating any constraint.

Contingency Table

A tabular method to represent and analyze the relationship between two or more categorical variables, showing the distribution of one variable across levels of the other variable(s).

Chi-square Test of Independence

A statistical analysis aimed at identifying a meaningful relationship between two variables that can be categorized.

Quantitative Variables

Variables that represent measurable quantities and can take on numerical values.