Multiple Choice
If the government imposes a maximum rent for housing that is above the equilibrium price, then you predict that
A) the law will have no effect in the market for housing.
B) the law will generate a shortage of housing.
C) the law will create a surplus of housing.
D) the demand curve for housing shifts rightward.
E) the supply curve of housing shifts leftward.
Correct Answer:

Verified
Correct Answer:
Verified
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