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The Dictator of a Small Country Restricts the Price of Cars

question 170

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The dictator of a small country restricts the price of cars to an amount less than or equal to $1,200 (a price below the equilibrium price for cars) .Such a policy would set a:


Definitions:

Properly Authorized

Officially or formally approved or sanctioned, according to the relevant laws or standards.

Control Orders

Legal measures imposed by governments to restrict the freedom of individuals for security reasons, often without a prior trial.

Terrorist Attacks

Acts of violence or intimidation, usually motivated by political, religious, or ideological beliefs, aimed at creating fear, disrupting societies, and achieving specific goals.

Freedom Of Movement

The right to travel freely within and between countries, often regarded as a basic human right under international law.

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