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Price ceilings and price floors are often imposed by the government as a means to correct market failure, real or otherwise. Which of the following
Price ceilings and price floors are often imposed by the government as a means to correct market failure, real or otherwise. Which of the following is a good example of such policies?
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The government increases the income tax on the top 10% of wealthiest Americans.
The president of the United States issues tax credits to every American in the country.
Local small businesses offer to pay sales tax on all purchases.
The government imposes rent control to make housing more affordable for low-income groups.
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