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    Microeconomics Study Set 40
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    Exam 5: Price Controls and Quotas: Meddling With Markets
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    (Figure: Rent Controls) Look at the Figure Rent Controls
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(Figure: Rent Controls) Look at the Figure Rent Controls

Question 2

Question 2

Essay

(Figure: Rent Controls) Look at the figure Rent Controls.If rent controls are imposed and the government wants them to be immediately effective, they will most likely be set at either
________ or _.
A.Rent0; Rent1
B.Rent1; Rent3
C.Rent3; Rent4
D.Rent2; Rent4

Correct Answer:

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