The purpose of a price ceiling may be to hold down

Question

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The purpose of a price ceiling is to hold down inflation by limiting the amount that sellers can charge for a good or service. This can help make goods and services more affordable for consumers, especially those with limited incomes. Price ceilings are often implemented for basic necessities such as food or housing. However, they can also have unintended consequences such as shortages or reduced quality.

The Purpose of a Price Ceiling May Be to Hold