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Loraine Loraine
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9 years ago
If a rent ceiling is set below the equilibrium price, thus creating a ________, housing may be allocated by increasing search activity or creating a ________.
A) shortage; black market
B) shortage; free market
C) surplus; black market
D) surplus; open market
E) surplus; free market
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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VincenzoDVincenzoD
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8 years ago
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