Discrimination is an example of a rationing mechanism that may naturally develop in response to a binding price floor.
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Q39: The goal of rent control is to
Q40: One common example of a price ceiling
Q41: A price floor is a legal minimum
Q42: The housing shortages caused by rent control
Q43: A price floor set above the equilibrium
Q45: Rent control may lead to lower rents
Q46: Because the supply and demand of housing
Q47: A price floor set below the equilibrium
Q48: When a binding price floor is imposed
Q49: A price floor set above the equilibrium
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