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Prices ceilings and price floors both result in which of the following: Excess supply A quantity exchanged that is lower than theequilibriumquantity Increased efficiency A
Prices ceilings and price floorsbothresult in which of the following:
- Excess supply
- A quantity exchanged that is lower than theequilibriumquantity
- Increased efficiency
- A decrease in demand
Use the attached table to calculate GDP with the expendituresapproach:
Consumption Expenditures 100
Imports 20
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