In a market with a binding price control, a. there is an imbalance between the quantity supplied by sellers and the quantity demanded by buyers. b. the costs of production are fully reflected in the price paid. c. the price observe reflects the scarcity of the good. d. all of the above are true.

The answer is: A) there is an imbalance between the quantity supplied by sellers and the quantity demanded by buyers.

Explanation:

Price controls can be divided into

When a price ceiling is enforced, the quantity demanded of a product or service will exceed the quantity supplied of that product or service, since the price is kept artificially below the equilibrium level.

When a price floor is enforced, the quantity supplied of a product or service will exceed the quantity demanded of that product or service, since the price is kept artificially above the equilibrium level.

the correct answer is:

it required the president to inform congress within forty-eight hours of any new troop commitment.

the war powers resolution (1973) is a federal law designed to limit the u.s. president’s ability to initiate or intensify military actions abroad without the approval of the congress.

it establishes that the president can send armed forces into action abroad only by declaration of war by congress, statutory authorization, or in case of a national emergency created by attack upon the united states, its territories or possessions, or its armed forces.

it requires the president to notify congress within 48 hours of sending armed forces to military action.

answer; common market;