An example of a price floor is
A) the regulation of gasoline prices in the U.S.in the 1970s.
B) rent control.
C) the minimum wage.
D) any restriction on price that leads to a shortage.
Correct Answer:
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Q165: An alternative to rent-control laws that would
Q166: Which of the following is not a
Q167: The minimum wage is an example of
Q168: Minimum-wage laws dictate the
A)average price employers must
Q169: Rent control
A)is an example of a price
Q173: Which of the following statements about the
Q174: Which of the following is not a
Q175: The U.S.Congress first instituted a minimum wage
Q235: Under rent control, tenants can expect
A) lower
Q263: In the housing market, supply and demand
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