Business, 10.09.2021 01:00 ayoismeisjjjjuan

Assuming the current equilibrium price / gallon of gasoline nationwide is $4.05 and that the Biden Administration believes that it is too high for the consumers in the United St (1) Should the government implement a price floor or price ceiling regulation to control the price of gasoline?
(2) What are the economic and market consequences on such regulation?
This assignment must be typed and saved in a pdf prior to submitting it in Canvas; and be sure to use the proper economic terminology in your analysis. Have fun!

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Assuming the current equilibrium price / gallon of gasoline nationwide is $4.05 and that the Biden A...

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