Examlex
Why are the long-run consequences of a price control different from the short-run consequences of a price control? Be specific,and consider both price floors and price ceilings in your answer.
Geometric Average Return
The average rate of return on an investment, calculated by multiplying n returns together and then taking the nth root.
Quarterly Returns
The investment gains or losses experienced by an asset or portfolio over a three-month period.
Geometric Average Return
A method of calculating the average rate of return that accounts for the compounding of returns over time.
Quarterly Returns
The investment gains or losses recorded by a fund or portfolio over a three-month period.
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