【正文】
Chapter 5 Supply, Demand and Government Policies 1. Supply, Demand, and Government Policies 2. Price Controls... ? Are usually enacted when policymakers believe the market price is unfair to buyers or sellers. ? Result in governmentcreated price ceilings and floors. Price Ceilings amp。 Price Floors Price Ceilings Two outes are possible when the government imposes a price ceiling: ? The price ceiling is not binding if set above the equilibrium price. ? The price ceiling is binding if set below the equilibrium