Several members of Congress have been highly critical of Japan and China because U. S. imports from these countries have persistently been substantially greater than our exports to them. True or False: Under a flexible exchange rate system, there is no reason to expect that the imports to and exports from a given country will be in balance. True

you have to put the parentheses like this:

in fact, you have to perform the operation inside parentheses first, and then proceed in order:

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.