A Price Ceiling Is a Costly and Seldom Used Mechanism

question 32

Multiple Choice

A price ceiling is a costly and seldom used mechanism for:

• A) restraining excess supply.
• B) restraining excess demand.
• C) counteracting the effects of falling productivity.
• D) counteracting the effects of rising productivity.

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Definitions:

Synarthrosis

A type of joint that permits very little or no movement, often interconnected by fibrous or cartilaginous tissue.

Insertion

The point of attachment of a muscle tendon to the bone or other structure it moves.

Anatomical Position

The standard position in which an individual stands upright with feet together and arms to the side, with palms facing forward.

Flexed

The state of being bent or tensed, often referring to a muscle contraction that decreases the angle between bones at a joint.