To achieve maximum points for content and analysis, the following elements need thoroughly addressed:
Summarize the role of prices in an economy.
Contrast the consequences of prices in a free economy with the consequences of prices in a controlled economy.
Give at least one example of the unintended consequences of price controls.
Meet expectations provided in Paper Writing rubric.
Provide at least two academic resources.
This question was asked on Jan 07, 2013 and answered on Jan 07, 2013.
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