When the Prices of Necessities Such as Gas and Bottled

question 193

True/False

When the prices of necessities such as gas and bottled water rise as a result of a natural disaster, it is efficient for the government to impose price controls to keep suppliers from "price gouging" consumers.

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Definitions:

Longitudinal Studies

Research design that involves repeated observations of the same variables over short or long periods of time.

Risk Factor

An aspect or variable that increases the likelihood of developing a disease or injury.

Prospective Studies

Longitudinal studies that begin with a disease-free group of subjects and follow the occurrence of disease in that population or sample.

Retrospective Studies

Longitudinal studies that look back at the history of a population or sample.