If the Government Set a Price Ceiling of 50 Cents

question 254

Multiple Choice

If the government set a price ceiling of 50 cents for a gallon of gasoline,the most likely consequence would be

• A)a surplus of gasoline.
• B)the demand for automobiles fall.
• C)shipping costs rise.
• D)a shortage of gasoline.

Comprehend and utilize various health care models in patient treatment.

Prioritize patient care based on established health care theories and models.

Understand the impact of social, economic, and environmental factors on health and illness.

Demonstrate knowledge of public health goals and initiatives.

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Definitions:

Marketable Securities

These are liquid financial instruments that can be quickly converted into cash at a reasonable price, such as stocks or bonds.

Current Ratio

It's a liquidity ratio that measures a company’s ability to pay short-term obligations or those due within one year.

Quick Ratio

A financial metric that assesses a company's ability to meet its short-term obligations using its most liquid assets, excluding inventory.

Marketable Securities

Financial instruments that can be easily converted into cash, such as stocks, bonds, or treasury bills, typically held for short-term investment purposes.