Question 6 (1 point) _I: Germany placed a limit on the amount of beer that can be imported into Germany. This is an example of 0 An export subsidy Question 4 (1 point) _I: If a price floor is set above the equilibrium price, 0 There will be a shortage. Q There will be a surplus. 0 Quantity demanded will be greater than quantity supplied. 0 Quantity demanded will equal quantity supplied. Question 3 (1 point) _I: To make a firm produce at an socially efficient level of output, the government can impose a tax or issue a subsidy. Question 2 (1 point) _I: The harmful effect of a price ceiling to is O Producers; the ceiling creates a surplus of the product 0 Consumers; the selling price of the product is above the equilibrium price 0 Producers; the selling price of the product is above the equilibrium price 0 Consumers; the ceiling creates a shortage of the product Question 5 (1 point) _I: A maximum price, set by the government, that sellers may charge for a good is known as O A price rationing mechanism. 0 A price floor. Question 7 (1 point) _I: Which of the following is a way governments get involved in markets? 0 Price floors/celings O Altruism 0 Market Equilibrium O Usury