Even Though Shortages Typically Result from the Imposition of Price

question 186

True/False

Even though shortages typically result from the imposition of price ceilings, the overall gains in economic efficiency outweigh the costs.

---

Definitions:

Cognitive Behavioural Therapy

A type of psychotherapeutic treatment that helps patients understand the thoughts and feelings that influence behaviors, focusing on changing negative thought patterns.

Mindfulness-Based Cognitive Behavioural Therapy

This is a therapeutic approach combining mindfulness strategies and practices with cognitive behavioural therapy to address various psychological conditions by improving present moment awareness and cognitive responses.

Compassion

A deep awareness of and sympathy for another's suffering, combined with the desire to alleviate that suffering.

Anxiety

A mental health condition characterized by feelings of worry, anxiety, or fear that are strong enough to interfere with one's daily activities.