A. A price floor is set above price equilibrium.
B. Quantity demanded is less than Quantity supplied
C. Quantity supplied exceeds Quantity demanded
A. When a price ceiling is set below the equilibrium price
B. Quantity demanded exceeds Quantity supplied
C. Quantity supplied is less than quantity demanded
False. the Republicans picked up net gains of 3 house seats and 4 Senate seats.
With the collapse of the Soviet Union in 1989 and the end of the Cold War in 1991, the world became more interconnected. This is because the communist bloc countries, which had previously been intentionally isolated from the capitalist West, began to integrate into the global market economy.
A result of President Carter's desire to ease tensions with China was increase trade. President Jimmy Carter started to ease tensions with China by recognizing the communist regime in January 1979, with that trade was increased, along with cultural, commercial “and other unofficial relations”.
A famous saying that expresses the ideas of Machiavelli is: A. The ends justify the means.
Machiavelli was an italian historian, politician, diplomat and humanist who wrote the book The Prince. On his famous saying "The end justify the means" he puts significance on the <u>morality on the end outcome</u> rather than the actions taken to achieve the said result.
To many people, this statement was an <u>excuse to perform illegal and bad actions</u> arguing that it was done in favor of a better good.
