If the Government Removes a Binding Price Floor from a Market

question 78

Multiple Choice

If the government removes a binding price floor from a market, then the price paid by buyers will

• A)​increase, and the quantity exchanged will increase.
• B)​increase, and the quantity exchanged will decrease.
• C)​decrease, and the quantity exchanged will increase.
• D)​decrease, and the quantity exchanged will decrease.

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Definitions:

Sexual Orientation

An enduring pattern of emotional, romantic, or sexual attractions to men, women, or both sexes, as well as the absence of these attractions.

Gender Identities

Gender identities are the personal sense of one's own gender, which may or may not align with the sex assigned at birth, including male, female, a blend of both, or neither.

Anatomical Sex

Identification as male or female based on physical sex characteristics such as gonads, uterus, vulva, vagina, and penis.

Assigned Gender

The gender assigned to an individual at birth based on physical anatomy, which may or may not align with their gender identity later in life.