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Assuming a perfectly competitive market with no externalities, which of the following government actions would create deadweight losses?

I. Effective Price Floors
II. Effective Price Ceilings
III. Per-unit Excise Tax
IV. Per-unit Subsidy

A

I and II only.

B

I, II and III only.

C

III only.

D

III and IV only.

E

I, II, III and IV.

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