S In his farewell address to the nat x oard.com/webapps/assessment/take/launch.jsp?course_assessment id= 329093 1&course_id= 179915 1&content_id= 9975195 18step=null QUESTION 1 Which of the following...

2S In his farewell address to the nat x<br>oard.com/webapps/assessment/take/launch.jsp?course_assessment id= 329093 1&course_id= 179915 1&content_id= 9975195 18step=null<br>QUESTION 1<br>Which of the following will occur if the government attempts to keep the price of a product below its market-clearing price?<br>O Sellers will not offer as much of the good for sale as buyers would like to buy resulting in a shortage of the good.<br>O Sellers will offer more of the good for sale than buyers wish to purchase resulting in a surplus of the good.<br>O Consumers will be made much better off because they will be able to buy all of the good that they want at a lower pri<br>O Sellers will eventually make them available free for everyone.<br>QUESTION 2<br>John Maynard Keynes was:<br>O A staunch defender of free trade and limited government.<br>A defender of Say's Law.<br>O An advocate of government spending and money manipulation in an effort to promote economic prosperity.<br>O In favor of laissez faire.<br>

Extracted text: S In his farewell address to the nat x oard.com/webapps/assessment/take/launch.jsp?course_assessment id= 329093 1&course_id= 179915 1&content_id= 9975195 18step=null QUESTION 1 Which of the following will occur if the government attempts to keep the price of a product below its market-clearing price? O Sellers will not offer as much of the good for sale as buyers would like to buy resulting in a shortage of the good. O Sellers will offer more of the good for sale than buyers wish to purchase resulting in a surplus of the good. O Consumers will be made much better off because they will be able to buy all of the good that they want at a lower pri O Sellers will eventually make them available free for everyone. QUESTION 2 John Maynard Keynes was: O A staunch defender of free trade and limited government. A defender of Say's Law. O An advocate of government spending and money manipulation in an effort to promote economic prosperity. O In favor of laissez faire.

Jun 11, 2022
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