Which of the following were NOT related to the price controls that existed during World War II?
A) Price ceilings facilitated the formulation of black markets for automobiles.
B) A black market for meat formed, referred to as "meat-easies," due to a price ceiling on meat.
C) Price ceilings created an excess demand of consumer durable goods.
D) Despite price ceilings, hidden price increases were realized through deterioration in the quality of goods.
Correct Answer:
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