Friday, August 6, 2010

Governments continue to impose price controls. Which of the following is not a valid reason for this?

1) Some people do benefit from such price controls.


2) People fear that prices will change dramatically if the price controls were removed.


3) It is politically expedient to enact regulations that benefit influential voting groups.


4) Price controls are always effective.Governments continue to impose price controls. Which of the following is not a valid reason for this?
3. True or false, expediency is not a valid reason.Governments continue to impose price controls. Which of the following is not a valid reason for this?
4





they are not always effective. they can cause shortages.

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