What has been effect of longtime control in new york city

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Q1) How did price controls in the 1970s affect the behavior of cattle ranchers and the price of beef in the long run? Q2)Why were wage and price controls during World War II so successful but those imposed by President Nixon in the 1970s were not? Q3) What has been the effect of longtime rent control in New York City? Why were controls initially imposed and why do they persist to this day?

Reference no: EM13147961

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