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The Office of Price Administration

Question 57

Multiple Choice

The Office of Price Administration:


A) was designed to combat the serious wartime deflation
B) was designed to raise consumer prices
C) set price ceilings on and rationed highly demanded items such as tires, sugar, and gasoline
D) lacked any authority to set consumer prices or ration any items
E) set price ceilings and directed the rationing of all goods and items for sale in the wartime economy

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