macro unit 2 challenge 2.docx - In order to be effective a...

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In order to be effective, a price ceiling must be set __________.
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Binding price floors will __________.
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In which of the following ways do subsidies differ from taxes in relation to measuring their impact?
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As the price level falls, all of the following occur except __________.
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Unformatted text preview:fewer loans are taken out by consumers The economy will be producing along the Long Run Aggregate Supply when ________. all resources are being used to their optimal level When an economy is producing to the left of the LRAS, __________. expansionary fiscal policies should be put in place