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Which of the following government interventions would likely cause, or perpetuate, a dead-weight loss to the economy? Select all that apply. Question 5Answer a. Setting
Which of the following government interventions would likely cause, or perpetuate, a dead-weight loss to the economy? Select all that apply. Question 5Answer a. Setting a maximum price on condo sales prices that is substantially above current market prices b. The government mandating a price cap/maximum price on milk that is below the current market price of milk c. Providing consumers a free to use website that gives information on product recalls and warranties d. The government maintaining a quota on the maximum amount of marijuana that can be sold at a dispensary which many consumers wish to see lifted e. The government applying a new fixed tax of $2/pack on cigarettes f. Lowering the PST (provincial sales tax) on all goods
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