What is a potential consequence of price gouging legislation according to the discussion?
Summers: Price-Gouging Legislation Is Dangerous Nonsense

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It reduces the complexity of economic networks.
It can cause shortages and distort supply chains.
It leads to increased economic growth.
It effectively controls inflation.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is suggested as a way to influence inflation rates?
Increasing tariffs
Reducing regulatory burdens
Maintaining student debt moratorium
Decreasing immigration
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the suggested action regarding student debts to help manage inflation?
Increase the moratorium period
Ask borrowers to repay their debts
Convert debts into grants
Reduce interest rates on student loans
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What drives financial markets, including cryptocurrencies, as mentioned in the video?
Government regulations
Stable economic policies
Fear and greed
Technological advancements
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What phenomenon is cryptocurrency compared to in terms of instability?
Stock market crashes
Bank run phenomena
Real estate bubbles
Currency devaluation
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