The price paid by buyers in a market will decrease if the government a. increases a binding price floor in that market. b. increases a binding price ceiling in that market. c. decreases a tax on the good sold in that market. d. All of the above are correct.

C) decreases a tax on the good sold in that market.

Explanation:

If the government lowers taxes, then the price of goods should always decrease.

Option A is wrong because a price floor sets a minimum price, and if it increases, the price paid by consumers will increase.

Option B is wrong because a price ceiling sets a maximum price, and if it increases, the price paid by consumers will increase.

forbearance of student loan payments. under forbearance, your loan payments are postponed (or reduced) but interest continues to accrue during the period of forbearance. if you don't pay the interest during that period, the interest may be “capitalized,” which means it is added to your principal balance.