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When policymakers set prices by legal decree, they obscure the signals that normally guide the allocation of society's resources?
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When policymakers set prices by legal decree, they obscure the signals that normally guide the allocation of society's resources?

User Logan
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True- prices are supposed to be controlled by the changing equilibrium of supply and demand and when the government sets a price it may increase or decrease demand or supply in a way that would not naturally take place.

User Akoeltringer
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