Which of the Following Statements Best Describes the Unintended Consequences

Multiple Choice

Which of the following statements best describes the unintended consequences of usury ceilings?

A) Usury ceilings placed above equilibrium increase the quantity supplied of loans and decrease the quantity demanded of loans. This creates a shortage.
B) Usury ceilings cause the demand for loans to increase. Since supply does not increase, a shortage emerges.
C) Usury ceilings placed below the equilibrium interest rate cause the quantity demanded of loans to be greater than the quantity supplied. As a result, there is a shortage.
D) Usury ceilings cause the demand curve to shift rightward and the supply curve to shift leftward. As a result, the market no longer clears and a shortage of loans develops.