Price Ceilings Do Not Have Much Effect

question 262

Multiple Choice

Price ceilings do not have much effect:

• A) in times of high inflation.
• B) ever.
• C) when market prices are at or below the ceiling.
• D) in nonmarket economies.

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Definitions:

Intermediate Host

An organism that harbors the larval or asexual stage of a parasite, through which the parasite must pass before reaching its mature phase.

Blood Fluke

A parasitic flatworm, belonging to the genus Schistosoma, that lives in the blood vessels of humans and animals and causes schistosomiasis.

Proboscis

A lengthy extension from an animal's head, especially seen in insects, utilized for nourishment or perception.

Nemerteans

A phylum of invertebrate animals, also known as ribbon worms, characterized by their long, slender bodies and a proboscis used for hunting.