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    Principles of Macroeconomics Study Set 8
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    Exam 6: Supply Demand and Government Policies: Controls on Prices
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    If a Binding Price Floor Is Imposed on the Video
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If a Binding Price Floor Is Imposed on the Video

Question 64

Question 64

Multiple Choice

If a binding price floor is imposed on the video game market,then


A) the quantity of video games demanded will decrease.
B) the quantity of video games supplied will increase.
C) a surplus of video games will develop.
D) All of the above are correct.

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