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Question 68

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Use the following to answer questions:
Figure: Rent Controls Use the following to answer questions: Figure: Rent Controls -(Figure: Rent Controls) Look at the figure Rent Controls. Suppose that rent controls are imposed. If the government wanted a rent control ceiling to be effective immediately, what is one possible price to set? A) Rent<sub>3</sub> B) Rent<sub>4</sub> C) Rent<sub>1</sub> D) Rent<sub>2</sub>
-(Figure: Rent Controls) Look at the figure Rent Controls. Suppose that rent controls are imposed. If the government wanted a rent control ceiling to be effective immediately, what is one possible price to set?


A) Rent3
B) Rent4
C) Rent1
D) Rent2

Correct Answer:

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