Price Controls Can Be Traced Back as Far as

question 87

Multiple Choice

Price controls can be traced back as far as

• A) ancient Babylon of 4,000 years ago.
• B) ancient Greece of 2,500 years ago
• C) ancient Rome of 2,000 years ago.
• D) ancient Egypt of 3,000 years ago.
• E) recent times,since organized markets under organized government and legal systems are necessary to effectively impose such controls.

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Definitions:

Irrationality

The quality of being illogical, unreasonable, or lacking sound judgment.

Obsessions And Compulsions

Refers to the patterns of intrusive thoughts (obsessions) and repetitive behaviors (compulsions) seen in disorders like Obsessive-Compulsive Disorder (OCD).

Psychodynamics

The study of the psychological forces that underlie human behavior, feelings, and emotions, particularly focused on the dynamic relations between conscious motivation and unconscious motivation.

Appear Together

The occurrence of two or more items or events simultaneously or in close proximity.