Answer to Question #196419 in Macroeconomics for karabo

Question

Government set maximum prices to:

A.   Keep the prices of basic foodstuffs low as part of policy to assist the poor

B.   Avoid black market

C.   Limit the production of certain goods and services

D.   A and C

E.    B and C

Answer 1

Government set maximum prices to:

Answer:  Keep the prices of basic foodstuffs low as part of policy to assist the poor