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Government price controls Question 3 options: a) ensure that the actual price is at its free-market equilibrium. b) usually set upper or lower limits on
Government price controls Question 3 options: a) ensure that the actual price is at its free-market equilibrium. b) usually set upper or lower limits on prices. c) act as a guideline to producers as to what is a fair price. d) inform consumers what is the maximum price they should pay. e) ensure that transactions take place at a fair price
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The Macro Economy Today
Authors: Bradley R. Schiller, Karen Gebhardt
14th edition
1259291820, 978-1259291821
