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Which of the Below Is True

Question 226

Multiple Choice

Which of the below is true?


A) ​A price ceiling reduces the quantity exchanged on the market, but a price floor increases the quantity exchanged on the market.
B) ​A price ceiling increases the quantity exchanged on the market, but a price floor decreases the quantity exchanged on the market.
C) ​Both price floors and price ceilings reduce the quantity exchanged in the market.
D) ​Both price floors and price ceilings increase the quantity exchanged in the market.

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