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-In the Above Figure, a Rent Ceiling of $500 Per

Question 122

Multiple Choice

-In the above figure, a rent ceiling of $500 per month would A) reduce the rent and create a surplus. B) not affect the equilibrium quantity. C) create a shortage. D) raise the rent and cause a surplus.
-In the above figure, a rent ceiling of $500 per month would


A) reduce the rent and create a surplus.
B) not affect the equilibrium quantity.
C) create a shortage.
D) raise the rent and cause a surplus.

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