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Government price controls, such as rent controls and minimum wages: a are economically efficient. b lead to long-term economic gains in production. c have no
Government price controls, such as rent controls and minimum wages:
a are economically efficient.
b lead to long-term economic gains in production.
c havenosocial benefits, and lead to economic efficiency.
d arenotaccurately described by any of the listed options.
e have social benefits and lead to economic efficiency and increases in everyone's standard of living.
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