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The Catholic church in Italy was controlled by the medieval popes, and the bishops were often worldly figures to nobles. The controversy of lay investiture was initiated by a decree from Pope Gregory VII in 1075, ended in an 1122 compromise called the Concordat of Worms. Pope Innocent III, in the 1200s, used tools such as spiritual to bring the church to the height of its political power.
The term that is defined as the maximum legal price for a good or service is the price ceiling.
Explanation:
A price ceiling happens once the government puts a legal limit on how high the worth of a product may be. so as for a price ceiling to be effective, it should be set below the natural market equilibrium. When a price ceiling is about, a shortage happens. For the worth that the ceiling is about at, there's a lot of demand than at the equilibrium worth. there's additionally less offer than at the stability worth, therefore there's a lot of amounts demanded than the amount provided. Associate degree inability happens, since at the worth ceiling amount equipped the marginal profit exceeds the distinctive cost. This inefficiency is adequate to the deadweight welfare loss.
Some proponents of Prohibition supported the policy on religious grounds because they a<span>ssociated excessive drinking with violent crime.</span>
