Multiple Choice
Government-imposed limits on price movements are likely to
A) increase economic efficiency.
B) decrease economic efficiency.
C) leave economic efficiency unchanged.
D) promote economic growth in the economy.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q19: When a shortage occurs in the market
Q20: In a market economy, goods are allocated
Q21: Explain how the free-market mechanism adjusts prices
Q22: When all prices are set equal to
Q23: In a laissez-faire system, the price mechanism
Q25: Distribution is a major question to be
Q26: When the invisible hand is at work,<br>A)the
Q27: The price system is sometimes criticized in
Q28: When an economy operates efficiently,<br>A)the MRPs of
Q29: To be efficient, outputs should be produced