Tutor profile: Adam S.

Translate this sentence to Spanish: "I went to the supermarket to buy milk and eggs with my mom"

Yo fui al supermercado con mi madre para comprar la leche y los huevos.

What changed in the US approach to post-war recovery efforts after WWII compared to WWI?

After realizing their mistakes after the Treaty of Versailles and sending Germany into economic collapse and allowing a man such as Hitler to ​come to power, the Marshall Plan was introduced to ensure stability in war-torn Europe, even the Axis countries.

Define and then identify the effects of a price floor and a price ceiling on a specific market, including​ an example of each.

A price floor will set a minimum price that good/service X can be set at. It will create a surplus, for example, the minimum wage is a price floor that creates a surplus of workers as the price to hire goes up companies can no longer afford to hire more employees. Inversely, a price ceiling such as rent control​ will create a shortage as quantity demanded is greater than quantity supplied.