An Example of a Price Floor Is

question 199

Multiple Choice

An example of a price floor is

• A)the regulation of gasoline prices in the U.S.in the 1970s.
• B)rent control.
• C)the minimum wage.
• D)any restriction on price that leads to a shortage.

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Definitions:

Otitis Media

An infection or inflammation of the middle ear, common in children and often resulting in ear pain.

Potassium Chloride

A mineral supplement used to treat or prevent potassium deficiency, also used in certain medical tests and procedures.

Hypokalemia

A medical condition characterized by low levels of potassium in the bloodstream.

Volume-Control Device

A device that regulates the volume of sound emitted by electronic equipment or the flow of liquid or gas.