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:

Acceptance

The act of receiving or recognizing something as valid or correct, often related to self or others.

Chain Migration

A social process by which immigrants from a particular town or region follow others from that area to a specific destination, creating a chain of migration from the same place.

Narcissistic

Pertaining to a personality trait or disorder characterized by an excessive preoccupation with oneself and a lack of empathy for others.

Attachments

Emotional bonds between individuals, such as those between parents and children, that play a crucial role in personal development.