Multiple Choice
Which of the following statements is true about price ceilings?
A) Price ceilings cause goods to be rationed by prices.
B) Price ceilings cause goods to be rationed by some other means than free market prices.
C) Ration coupons are the only way to ration goods when price ceilings are in place.
D) All of the above statements are correct.
Correct Answer:
Verified
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