A government-mandated minimum price that is set above the market equilibrium price is a nonbinding price floor that results in an equilibrium quantity. binding price floor that results in a surplus. nonbinding price ceiling that results in an equilibrium quantity. binding price ceiling that results in a surplus.

Which of the following best describes how the federal reserve bank banks during a bank run? a. the federal reserve bank regulates exchanges to prevent the demand for withdrawals from rising above the required reserve ratio. b. the federal reserve bank acts as an insurance company that pays customers if their bank fails. c. the federal reserve bank has the power to take over a private bank if customers demand too many withdrawals. d. the federal reserve bank can provide a short-term loan to banks to prevent them from running out of money. 2b2t

You have $5,300 to deposit. regency bank offers 6 percent per year compounded monthly (.5 percent per month), while king bank offers 6 percent but will only compounded annually. how much will your investment be worth in 17 years at each bank

Which external factor has enabled addition of special effects in advertisements and tracking of responses of customers over websites?