Question
According to Hazlitt Government policies which set high prices (above equilibrium): (Hint: not C) A. Will tend to encourage production but depress sales B. Encourage
- According to Hazlitt Government policies which set high prices (above equilibrium): (Hint: not C)
A. Will tend to encourage production but depress sales
B. Encourage sales and has no effect on production
C. Encourage sales and increase production
D. Have little effect on sales or production
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Macroeconomics
Authors: Glenn Hubbard, Anthony Patrick O'Brien, Matthew P Rafferty
1st Edition
978-0132109994, 0132109999
