An unintended consequence of price ceilings is:
A) non-price rationing must occur,and can lead to bribes.
B) the loss of surplus always outweighs the benefits of the policy.
C) the transfer of surplus from producer to consumer rarely is recognized.
D) None of these is correct.
Correct Answer:
Verified
Q32: An effective price ceiling:
A)will cause quantity demanded
Q33: Taxes:
A)are the main way that governments raise
Q34: An effective price floor:
A)will cause quantity demanded
Q35: Any tax on a good can:
A)discourage consumption
Q36: An effective price ceiling:
A)must be set above
Q38: An effective price floor:
A)must be set above
Q39: A prominent argument against the use of
Q40: An unintended consequence of price floors is:
A)non-price
Q41: A tax on sellers:
A)causes equilibrium price to
Q134: If the producers bear a smaller tax
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