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    Macroeconomics Principles Study Set 1
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    Exam 4: Markets and Government
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    (Figure: Determining Surplus and Loss) in the Graph, If the Government
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(Figure: Determining Surplus and Loss) in the Graph, If the Government

Question 77

Question 77

True/False

(Figure: Determining Surplus and Loss) In the graph, if the government sets a price of $5, this is an example of an effective price floor. (Figure: Determining Surplus and Loss) In the graph, if the government sets a price of $5, this is an example of an effective price floor.

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