What is a price ceiling?

Social Goals and Market Efficiency Quiz

Quiz
•
Social Studies
•
11th Grade
•
Hard
Sahar Mansour
Used 3+ times
FREE Resource
14 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A limit on how low a price can go
A limit on how high a price can go
A type of loan
A payment to farmers
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does minimum wage refer to?
The average wage in a state
The lowest amount a worker can earn
The highest amount a worker can earn
The wage for government jobs
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a price floor?
A government subsidy
A type of tax
A limit on how low a price can go
A limit on how high a price can go
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a target price?
A price that changes daily
A price that is always the same
A price that farmers aim to receive
A price set by the government
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a nonrecourse loan?
A loan that does not require repayment
A loan for buying a house
A loan that must be paid back
A loan with high interest
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a deficiency payment?
A payment to cover losses
A payment for rent
A payment for services rendered
A payment for taxes
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does arbitrarily mean?
Carefully planned
Based on a clear rule
Randomly or without reason
Based on a law
Create a free account and access millions of resources
Similar Resources on Wayground
19 questions
ch.3 Taxation Vocabulary

Quiz
•
9th - 12th Grade
14 questions
Inflation, CPI, and the Market basket

Quiz
•
9th - 11th Grade
17 questions
Supply

Quiz
•
12th Grade
15 questions
Semester 2 Final

Quiz
•
12th Grade
15 questions
Student Loans

Quiz
•
12th Grade - University
15 questions
Credit, Debt, and Loans

Quiz
•
9th - 12th Grade
15 questions
Home Buying

Quiz
•
12th Grade - University
15 questions
FL Unit 4: Banking & Credit

Quiz
•
9th - 12th Grade
Popular Resources on Wayground
25 questions
Equations of Circles

Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)

Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System

Quiz
•
10th Grade
10 questions
Writing and Identifying Ratios Practice

Quiz
•
5th - 6th Grade
36 questions
Prime and Composite Numbers

Quiz
•
5th Grade
14 questions
Exterior and Interior angles of Polygons

Quiz
•
8th Grade
37 questions
Camp Re-cap Week 1 (no regression)

Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review

Quiz
•
10th Grade