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1. (Short Answer Response) Price controls on rents are frequently implemented by governments in an effort to protect renters from high housing prices. Differentiate the
1. (Short Answer Response) Price controls on rents are frequently implemented by governments in an effort to protect renters from high housing prices. Differentiate the type of price control used from other potential price controls, and then formulate reasons as to why governments should be careful when implementing these types of controls.
2.(Short Answer Response) Compare the major antitrust acts of the United States. Specify the intent and purpose of each, and draw conclusions about their effectiveness.
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