Question

how does government control price rise through public loan property​

Answer 1

When prices are established by commerce in a free market, prices shift to maintain the balance between supply and demand. However, when a government imposes price controls, the eventual consequence can be the creation of excess demand in the case of price ceilings, or excess supply in the case of price floors.

Answer 2

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When prices are established by commerce in a free market, prices shift to maintain the balance between supply and demand. However, when a government imposes price controls, the eventual consequence can be the creation of excess demand in the case of price ceilings, or excess supply in the case of price floors.

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