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    Exam 7: Government Actions in Markets
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    In a Market with a Rent Ceiling Set Below the Equilibrium
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In a Market with a Rent Ceiling Set Below the Equilibrium

Question 156

Question 156

Multiple Choice

In a market with a rent ceiling set below the equilibrium rent,the producer and consumer surplus


A) both increase.
B) both decrease, but generally not to zero.
C) do not change.
D) are eliminated.
E) are both totally converted into deadweight loss.

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