Which of the Following Is an Example of an Unintended

question 78

Multiple Choice

Which of the following is an example of an unintended consequence?

• A) first time tax credits that cause more home sales
• B) a price ceiling on gasoline that causes a gas shortage
• C) increased parking fines that lead to fewer violators
• D) all of the above

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Definitions:

Commercial Paper

Short-term, unsecured promissory notes issued by companies to finance their operations, often with maturities of less than 270 days.

Sum Certain

A specific, fixed amount of money that is clear and unambiguous in a legal agreement or financial transaction.

Shares of Stock

Units of ownership in a corporation, representing a portion of the corporation's capital.

Negotiable Instrument

A written document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payer's sign.