The main reason policymakers use price controls is because:
A) they are better at coordinating economic activity than the free market
B) they believe that in some cases the market outcome is not fair
C) they need a reason to justify their jobs
D) all of the above is true
Correct Answer:
Verified
Q91: If sellers are required to pay a
Q92: Graph 6-7 Q93: To fund new green energy research, suppose Q94: Graph 6-7 Q95: The term tax incidence refers to the: Q97: If the government lowered the minimum wage Q98: A subsidy on the sellers of coffee: Q99: A subsidy paid to the sellers of Q100: Unlike minimum wage laws, wage subsidies: Q101: Graph 6-10 Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents![]()
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A)division
A)increases
A)discourage firms![]()