Which of the following policy obstacles could occur because it is difficult to know how market participants will respond to specific prices?
A)Implementation problems.
B)Design problems.
C)Velocity problems.

Question

Quizplus · Accepted Answer

Design problems could occur if policymakers struggle to determine the most effective pricing strategies due to uncertainty about how the market will react. This could lead to policy proposals that are not implemented or are ineffective in achieving their intended goals. Implementation problems refer to difficulties in executing policy once it has been designed, and velocity problems are related to the speed at which policy changes impact the market, so neither of these options are the best fit for this scenario.

Which of the Following Policy Obstacles Could Occur Because It