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You are to research where the government set a price floor or price ceiling on gasoline in the 1970s and explain the impact to our
You are to research where the government set a price floor or price ceiling on gasoline in the 1970s and explain the impact to our economy. Based on your researched evidence did you find it ideal for the government to step in and control the price of the goods/services.What are some long term dis/advantages and/or implications in such government intervention? Please find an economist who supports your position and explain why he or she might take the same position as you.
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