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This document serves as a guide to review the compliance of the state CDBG program with the statutory requirements concerning the set-aside for colonias, specifically for the states of Arizona, California,
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People Also Ask about
What happens if the price is below equilibrium price?
When the price is below equilibrium, there is excess demand, or a shortage — that is, at the given price the quantity demanded, which has been stimulated by the lower price, now exceeds the quantity supplied, which had been depressed by the lower price.
How do you calculate the equilibrium price?
To find the equilibrium price a mathematical formula can be used. The equilibrium price formula is based on demand and supply quantities; you will set quantity demanded (Qd) equal to quantity supplied (Qs) and solve for the price (P). This is an example of the equation: Qd = 100 - 5P = Qs = -125 + 20P.
What is one likely result of a price ceiling?
A price ceiling — which is below the equilibrium price — will cause the quantity demanded to rise and the quantity supplied to fall. This is why a price ceiling creates a shortage.
What happens in this market if the government sets a price ceiling at $3?
Answer and Explanation: From the table given, we know that if the price is set at $3, the number of demands would be 120 and the number of supplies would be 45. Since the number of demands is greater than the number of supplies, there would be a shortage.
Which of the following might cause a shift from S1 to S2 in exhibit 4 2?
In Exhibit 4-2, which of the following might cause a shift from S1 to S2? A decrease in input prices. The market shown in Exhibit 4-2 is initially in equilibrium at E1. Changes in market conditions result in a new equilibrium at E2.
What happens to price at equilibrium?
Equilibrium is the state in which prices become stable when market supply and demand balance. Generally, an over-supply of goods or services causes prices to go down, which results in higher demand — while an under-supply or shortage causes prices to go up resulting in less demand.
Which of the following is the textbook's definition of a supply curve quizlet?
Which of the following is the textbook's definition of supply curve? A curve that shows the relationship between the price of a product and the quantity of the product supplied.
What happens if the equilibrium price of bread is $2?
If the equilibrium price of bread is $2 and the government imposes a $1.50 price ceiling on the price of bread, then: The price ceiling is below the equilibrium price. This may lead to a shortage of bread as demand increases and supply decreases at the lower price.
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What is Exhibit 4-9?
Exhibit 4-9 is a specific form or document used in regulatory reporting, typically related to financial disclosures or compliance requirements.
Who is required to file Exhibit 4-9?
Entities that fall under certain regulatory frameworks, such as financial institutions or public companies, may be required to file Exhibit 4-9.
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To fill out Exhibit 4-9, the filer must obtain the form, complete the required fields with accurate information, and ensure compliance with any applicable guidelines or instructions before submission.
What is the purpose of Exhibit 4-9?
The purpose of Exhibit 4-9 is to provide regulatory authorities with necessary information regarding the entity’s financial condition or compliance status.
What information must be reported on Exhibit 4-9?
Exhibit 4-9 must report information such as financial data, compliance metrics, disclosures related to risk, and other relevant operational details required by the regulatory authority.
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