Examlex
Convert measurements from the American customary system to the metric system. Round answers to nearest whole number. 6 inches = _______________ centimeters
Quota
A government-imposed trade restriction that limits the number or monetary value of goods that can be imported or exported during a specific time frame.
Government Policy
The set of laws, guidelines, regulations, and actions adopted by a government to influence economic or social outcomes within the country.
Price Control
Government-imposed limits on the prices that can be charged for goods and services, typically used to curb inflation or prevent shortages and surpluses.
Price Floor
A government or regulatory minimum price set above the equilibrium price, preventing market forces from reducing prices below that level, often applied to agricultural products.
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