Which of the Following Is True

question 76

Multiple Choice

Which of the following is true?
i.A price ceiling set above the equilibrium price has no effects.
ii.A price ceiling set below the equilibrium price creates a surplus.
iii.A price floor set above the equilibrium price has no effects.

• A) only i
• B) only ii
• C) only iii
• D) i and ii
• E) ii and iii

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Definitions:

Ethnically Diverse

Consisting of people from a variety of racial and cultural backgrounds.

School Segregation

The practice of separating students in schools based on race, class, or ethnic background, often leading to inequities in education.

Minority Groups

Social groups that are differentiated from the majority by cultural, ethnic, racial, religious, or linguistic characteristics, often experiencing discrimination or marginalization.

Cultural Mediator

An individual who facilitates understanding and communication between people or groups from different cultural backgrounds, helping to bridge cultural gaps.