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    Microeconomics Study Set 2
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    Exam 4: Economic Efficiency, Government Price Setting, and Taxes
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    Which of the Following Is Not a Result of Government
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Which of the Following Is Not a Result of Government

Question 72

Question 72

Multiple Choice

Which of the following is not a result of government price controls?


A) Some people win and some people lose.
B) Price controls benefit poor consumers but harm producers and wealthy consumers.
C) Price controls decrease economic efficiency.
D) A deadweight loss will occur.

Correct Answer:

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