If the Government Imposes a Price Ceiling on Rental Housing

If the government imposes a price ceiling on rental housing that is below the market- clearing price, the resulting shortage will be

A) greater the more elastic the demand for rental housing.
B) greater the more recently the controlled price went into effect.
C) diminished over time.
D) smaller the longer the controlled price has been in effect.
E) smaller the more elastic the demand for rental housing.