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A Rent Ceiling Set Below the Equilibrium Rent

Question 8

Multiple Choice

A rent ceiling set below the equilibrium rent


A) ensures the availability of enough low-rent housing in a city.
B) ensures that landlords earn a reasonable rate of profit on housing.
C) creates a situation in which the quantity demanded of housing is greater than quantity supplied.
D) eliminates discrimination by landlords.
E) results in all renters and potential renters being better off.

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