Suppose the government establishes a ceiling on the price of rental accommodation that is lower than the free- market equilibrium price.In this case,
A) a surplus of current rental units will develop.
B) the rental housing market will be unaffected.
C) the current stock of rental housing will be better maintained as there is a shortage of housing.
D) those people who obtain rental units at the ceiling price will benefit.
E) construction of new rental units will be encouraged.
Correct Answer:
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