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Loraine Loraine
wrote...
Posts: 4563
9 years ago
A rent ceiling creates a deadweight loss
A) if it is set below the equilibrium rent.
B) if it is set equal to the equilibrium rent.
C) if it set above the equilibrium rent.
D) if it decreases the taxes the government collects in the housing market.
E) never, because if it did create a deadweight loss, the government would not impose it.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 227 times
1 Reply
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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Answer verified by a subject expert
VincenzoDVincenzoD
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Top Poster
Posts: 1913
9 years ago
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Loraine Author
wrote...

9 years ago
this is exactly what I needed
wrote...

Yesterday
This helped my grade so much Perfect
wrote...

2 hours ago
Good timing, thanks!
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