Answer:Which is one effect of a price floor?
Price floors prevent a price from falling below a certain level. When a price floor is set above the equilibrium price, quantity supplied will exceed quantity demanded, and excess supply or surpluses will result. Price floors and price ceilings often lead to unintended consequences.
Explanation:
<u>Answer:</u>
The first action taken by Congress was that of passing an act to regulate the time and manner of administering certain oaths.
<u>Explanation:</u>
- New York City was chosen as the temporary capital of the United States and the first Congress met here in March 1789.
- The issues on the unwritten agenda were that of creating a treasury, a war machinery, a foreign affairs department, a sound tax system, a strong judiciary, etc.
- All of these issues were considered by the Congress one by one and the offices for the same were established by passing necessary laws through the next few meetings of the Congress.
It should be noted that Martin Luther King was called an extremist D. because an extremist is someone whose views are too far outside the mainstream.
<h3>Who's Martin Luther King?</h3>
Martin Luther King was an African American who advocated for equality and freedom. He was a civil rights legend.
Luther King was called an extremist because an extremist is someone whose views are too far outside the mainstream. He wanted freedom and equality for blacks.
Learn more about Martin Luther King on:
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