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I would like these questions all solved correctly: Question 1 Any policy which imposes a binding price ceiling will result in Not yet answered Select

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I would like these questions all solved correctly:

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Question 1 Any policy which imposes a binding price ceiling will result in Not yet answered Select one: Marked out of O a. excess supply. 1.00 Flag O b. excess demand. question O c. an increase in demand. O d. a decrease in supply. Question 2 Which of the following could explain an increase in the price of apples in the New Zealand apple market? Not yet answered Select one: Marked out of O a. A fall in the world price. 1.00 Flag O b. An increase in wages paid to apple pickers. question O c. A decrease in GST. O d. An increase in crop yields due to a great growing season.Question 6 Not yet answered Marked out of 1.00 V Flag question Question 7 Not yet answered Marked out of 1.00 V Flag question Question 8 Not yet answered Marked out of 1.00 V Flag question Suppose it turns out that growing trees to generate carbon credits is very profitable (however forest holders earn credits only while the trees remain standing). The impact of this would be that Select one: 0 a. the price of land on which trees could be grown would rise. 0 b. forestry owners would leave trees standing rather than cut them down to sell as timber. O c. the price of timber made products would rise. 0 d. All of the above. An effective price ceiling in the market for rental properties is likely to lead to Select one: Q a. too many properties available for rental compared to demand. 0 b. confusion amongst buyers and sellers as to what the correct price for a rental property should be. 0 c. lots of would be renters who can't get a property to rent. 0 d. demand equalling supply. Which of the following causes the demand curve for oil to shift? Select one: Q a. New technology that makes oil extraction more efficient. O b. US consumers switching from oil to gas for home heating. 0 c. Saudi Arabia deciding to pump more oil from its oil wells. 0 d. An increase in the price of oil. Question 3 Not yet answered Marked out of 1.00 \\7 Flag question An increase in the price of butter is likely to lead to Select one: 0 a. no change in demand for or supply of margarine. 0 b. a decrease in demand for butter. 0 c. an increase in demand for margarine. 0 d. an increase in supply of butter and a decrease in supply for margarine. Question 5 In the diagram below, for P3 and Q1 to be the equilibrium in the market for apples then which of the following must have Not yet occurred? answered Marked out of Price 1.00 Supply Flag question P1 P2 ..... P3 Demand Q1 Q2 Q3 Qty Select one: O a. Supply must have shifted left. O b. Supply must have shifted right. O c. Demand must have shifted left. O d. Demand must have shifted right.Question 4 Not yet answered Marked out of 1.00 F Flag question Suppose that the diagram below represents the labour market. A binding minimum wage law would be consistent with Price] P21] 911] Ql'll QZ'll Select one: Q a. the minimum wage being set at P1 and employment is therefore Q1. 0 b. the minimum wage being set at P2 and employment is therefore OZ. 0 c. the minimum wage being set at P2 and employment is therefore Q1. 0 d. none of the possible outcomes shown on the diagram. QUEEN)\" 9 Demand curves slope downwards because Not yet answered Select one: Marked 0\" 0f 0 a. lower prices are better for society. 1.00 '7 Flag 0 b. at lower prices, consumers wish to purchase more. question 0 c. sellers prefer higher prices. 0 d. prices will usually continue to rise until equilibrium. QUESNO\" 10 Suppose the equilibrium exchange rate is NZ$1=US$O.8. Which of the following fixed exchange rates creates excess supply Not yet of $NZ? answered Marked out of Select one: 1.00 O a. NZ$1=US$0.5 Y Flag question 0 b. NZ$1=US$0.8 O c. NZ$1=U$$1 Q d. None of the above

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