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Business, 14.07.2020 01:01 zachtsmith2001

Which of the following statements is FALSE? A. Rent controls are examples of price floors. B. Price controls may take the form of price ceilings or price floors. C. Price ceilings below the equilibrium price can cause black markets to develop. D. The rationing function of prices is not allowed to freely operate when the government imposes price controls.

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Which of the following statements is FALSE? A. Rent controls are examples of price floors. B. Price...

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