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Laurent Laurent
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6 years ago
In an unregulated housing market with no rent ceiling,
A) scarce housing resources are allocated inefficiently.
B) scarce housing resources are allocated efficiently.
C) tenants pay a lower rent than in a market with an effective rent ceiling.
D) landlords receive a lower rent than in a market with an effective rent ceiling.
E) scarce housing resources are allocated equitably.
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Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
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