Governments continue to impose price controls.Which statement is NOT a valid reason for this?

A) Some people do benefit from such price controls.
B) People fear that prices will change dramatically if the price controls are removed.
C) It is politically expedient to enact regulations that benefit influential voting groups.
D) Price controls are always effective.

Price Controls

Government-imposed limits on the prices that can be charged for goods and services in a market, to control inflation or ensure affordability.

Politically Expedient

Actions or decisions taken primarily for political advantage, often to gain popularity or satisfy a particular group, despite potential long-term disadvantages.

Regulations

Rules or directives made and maintained by an authority to regulate behavior or enforce standards.