Governments Continue to Impose Price Controls

question 136

Multiple Choice

Governments continue to impose price controls.Which statement is NOT a valid reason for this?

• A)Some people do benefit from such price controls.
• B)People fear that prices will change dramatically if the price controls are removed.
• C)It is politically expedient to enact regulations that benefit influential voting groups.
• D)Price controls are always effective.

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Definitions:

Temporal Bone

A bone located at the sides and base of the skull that houses structures of the ear.

Greater Trochanter

A prominent bony protrusion on the proximal (upper) part of the femur (thigh bone) serving as a major site for muscle attachment.

Iliac Crest

The upper curved edge of the ilium, one of the bones forming the pelvis, often used as a landmark for medical procedures.

Ischial Tuberosity

The bony protrusion at the bottom of the pelvis on which one sits.