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History, 27.03.2020 17:19 CameronVand21

Match each situation with the method of government intervention used to rectify it.

price floor

contractionary fiscal policy

price ceiling

expansionary fiscal policy

People have too much money, and
there is a danger of inflation.

The GDP has fallen to an all-time low, and
there is low demand for most goods.

Few farmers produce cotton because
profits are at the equilibrium price.

Prices of staple foods have shot up
because of shortages after an
earthquake.

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