Multiple Choice
If the government sets out to help low-income people by establishing a maximum amount for rent:
A) a price floor has been set and a shortage of rental units may occur.
B) a price ceiling has been set and a shortage of rental units may occur.
C) in the long run more rental units will appear.
D) poor people will definitely be helped.
Correct Answer:
Verified
Correct Answer:
Verified
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