Multiple Choice
If a rent ceiling imposed by the government is greater than the equilibrium rent for housing,then
A) the supply of rental housing will increase.
B) a shortage of housing will occur.
C) a surplus of housing will occur.
D) the equilibrium rent will prevail as long as all else remains constant.
E) the equilibrium rent will rise.
Correct Answer:

Verified
Correct Answer:
Verified
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