State whether each of the following is an example of a price ceiling or a price floor.
a)Minimum-wage legislation.
b)Rent controls
c)Wartime price controls on the price of butter.
d)A freeze on credit card interest rates
e)Agricultural price supports

Question

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The Answer of State whether each of the following is an example of a price ceiling or a price floor.
a)Minimum-wage legislation.
b)Rent controls
c)Wartime price controls on the price of butter.
d)A freeze on credit card interest rates
e)Agricultural price supports

State Whether Each of the Following Is an Example of a Price