A rent ceiling set below the equilibrium rent leads

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A rent ceiling set below the equilibrium rent leads

A rent ceiling set below the equilibrium rent leads
A) all buyers being able to rent the same number of apartments as before.
B) sellers having less incentive to provide apartments.
C) sellers producing more new apartments.
D) to no change in the market for housing.
E) a rent floor being set by the government.

Textbook

Foundations of Macroeconomics

Edition: 8^th

Authors: Bade, Parkin

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kg0923 Author

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6 years ago

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