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    Macroeconomics Study Set 29
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    Exam 4: Price Controls and Quotas: Meddling With Markets
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    If the Province of Quebec Established a Price Floor in the Market
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If the Province of Quebec Established a Price Floor in the Market

Question 24

Question 24

True/False

If the province of Quebec established a price floor in the market for pumpkins that was double the current market-clearing price,this would lead to an inefficient number of pumpkins sold in Quebec.

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