4. Removing the price controls on nah????ral gas will ultimately result in energy prices that are lower

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4. "Removing the price controls on nah????ral gas will ultimately result in energy prices that are lower than the prices that would exist under the controls because the temporarily higher natural gas prices will encourage the exploration and development of new supplies and place competitive pressure on OPEC." Do you agree or disagree?

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Related Book For  book-img-for-question

Economics Private And Public Choice

ISBN: 9780123110404

2nd Edition

Authors: James D Gwartney; Richard Stroup; A H Studenmund

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