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11 Dec 2019
Which of the following statements is true about price ceilings?
a) price ceilings create surpluses for goods but shortages for services.
b) Price ceilings cause goods to be rationed by some other means than legally determined market prices.
c) Ration coupons are the only way to ration goods when price ceilings are in place.
d) All of the other statements are correct.
Which of the following statements is true about price ceilings?
a) price ceilings create surpluses for goods but shortages for services.
b) Price ceilings cause goods to be rationed by some other means than legally determined market prices.
c) Ration coupons are the only way to ration goods when price ceilings are in place.
d) All of the other statements are correct.
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Tod ThielLv2
14 Mar 2020
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