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    Macroeconomics Principles Study Set 1
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    Exam 4: Markets and Government
  5. Question
    "Price Gouging" Laws Are Types of _____ and Often Result
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"Price Gouging" Laws Are Types of _____ and Often Result

Question 78

Question 78

Multiple Choice

"Price gouging" laws are types of _____ and often result in _____ of a scarce good.


A) price ceiling; a sufficient supply
B) price floor; a sufficient supply
C) price ceiling; shortages
D) price floor; surpluses

Correct Answer:

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