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    Principles of Macroeconomics Study Set 11
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    Exam 4: Demand and Supply Applications
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    Why Is It True That Shortages Usually Occur Mainly When
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Why Is It True That Shortages Usually Occur Mainly When

Question 16

Question 16

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Why is it true that shortages usually occur mainly when price controls are in effect?

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In the absence of price controls the sho...

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