An Unintended Consequence of Price Ceilings Is

question 72

Multiple Choice

An unintended consequence of price ceilings is:

• A)non-price rationing must occur,and can lead to bribes.
• B)the loss of surplus always outweighs the benefits of the policy.
• C)the transfer of surplus from producer to consumer rarely is recognized.
• D)None of these is correct.

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Definitions:

SQ3R

A reading comprehension method named for its five steps: Survey, Question, Read, Recite, and Review, designed to improve understanding and retention of written information.

Study Method

Techniques or strategies utilized to learn, memorize, and understand new information effectively.

Retrieve

The cognitive process of recalling or accessing information stored in the memory.

Aerobic Exercise

Physical activity that increases the heart rate and promotes increased oxygen consumption throughout the body.