Governments Continue to Impose Price Controls

question 175

Multiple Choice

Governments continue to impose price controls. Which of the following is NOT a valid reason for this?

• A) Some people do benefit from such price controls.
• B) People fear that prices will change dramatically if the price controls are removed.
• C) It is politically expedient to enact regulations that benefit influential voting groups.
• D) Price controls are always effective.

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Definitions:

Identification

The process of associating oneself with certain aspects of another person, group, or with certain characteristics.

Poor Self-worth

A negative perception of one’s own value or worth, characterized by low self-esteem and a lack of confidence in one’s abilities or qualities.

Fixation

A state in which an individual becomes obsessed with an attachment to another person, object, or developmental stage.

Psychosexual Development

A Freudian concept detailing the stages of development from infancy to adulthood, focusing on how the pleasure-seeking energies of the id become focused on certain erogenous zones at different ages.