Multiple Choice
In the rental housing market with price controls,the quantity of rental houses demanded exceeds the quantity of rental housing supplied.This price control must be a:
A) price ceiling.
B) price floor.
C) quota.
D) quantity control.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q54: Which statement is a reason for governments
Q55: Use the following to answer question: <img
Q56: Use the following to answer question: <img
Q57: Rapidly increasing health costs have been a
Q58: Use the following to answer question: <img
Q60: Rent controls usually set a price ceiling
Q61: Typically,the government limits the quantity of a
Q62: (Figure: The Shrimp Market)Use Figure: The Shrimp
Q63: If minimum wages are set above the
Q64: (Figure: The Market for English Textbooks)Use Figure: