Price controls applied during inflationary periods may have the effect of
A) controlling the cost of living.
B) restricting exports to foreign countries.
C) negotiating trade contracts favoring the host country.
D) encouraging imports.
E) collecting taxes on foreign investments.

Question

Quizplus · Accepted Answer

Price controls during inflationary periods are primarily aimed at controlling the cost of living by keeping prices of essential goods and services within affordable limits for the general population.

Price Controls Applied During Inflationary Periods May Have the Effect