Answer:
D) All of the above are correct
Explanation:
Many people indeed do not know that price controls produce shortages, and we do not only refer to the general public, but also many politicians, who are ignorant of economic theory.
Property owners are politically unpopular because they are frequently perceived as being more priviliged and not paying their fair share. Populist politicans can use them as scapegoats to rile up support.
Many people benefit from rent controls, from owners colluding to the government, to real estate cartels, to tenants, or the government itself it it holds public housing.
Answer:
The answer is <u>A.)</u>while a shortage is a temporary market condition, scarcity is an ongoing condition in the world.
Explanation:
It will not stop in the world no matter what it is a problem ethier way in the world.
Implications led to more sales of the products, they are being sold for less money per product, which might potentially result in shorter-term profits.
<h3>
What is the meaning of price wars ?</h3>
A price war is a conflict between rival businesses that lower the prices of their goods in an effort to strategically undercut one another and get a larger market share. A price war may be implemented as a longer-term strategy or as a short-term tactic to boost sales.
In a Price Conflict Five Techniques That Might Work:
- To understand why you are engaged in this price war, do some study.
- Without reducing the price, add value to the good or service.
- If you can't further reduce your rates in the price war, advertise.
- Find a different strategy to differentiate out from the competition than price.
- Think about your brand.
Learn more about the price war:
brainly.com/question/12995874
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Answer:
The effects of inflation in the U.S. trading partner, will pass through the U.S. economy in the form of exports: since the U.S. imports goods from ABC islands, the higher prices in the ABC islands will make imports from there more expensive, contributing to a small raise in inflation in the overall U.S. economy.
However, exports from ABC Islands are likely to be a small component of U.S. Aggregate demand, so the effect in overall inflation is likely to be small.
Despite this, the fed can step in and raise interest rates by contracting the money supply. This is contractionary monetary policy, and it is used when inflation is rising. It lowers the value of the U.S. dollar in international markets, but it increases output price level.
