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16 March, 01:54

How did the US government control price increases for scarce goods?

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  1. 16 March, 02:04
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    It established the Office of Price Administration.
  2. 16 March, 03:07
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    Price controls are the restriction of the government on the prices of goods and services. It is believed to maintain the affordability of theses products and to ensure a minimum income for the providers. This method or restrictions are used by the government, however, economists needs to sometimes disagree with this technique.
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