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  3. Study Set
    Principles of Macroeconomics Study Set 8
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    Exam 6: Supply Demand and Government Policies: Controls on Prices
  5. Question
    A Shortage Is Eliminated When
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A Shortage Is Eliminated When

Question 51

Question 51

Multiple Choice

A shortage is eliminated when


A) ​a binding price ceiling is removed.
B) ​a binding price ceiling is enacted.
C) ​a nonbinding price ceiling is repealed.
D) ​a nonbinding price ceiling is imposed.

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