Which of the following is NOT a potential impact of a rent ceiling set below the equilibrium rent?
A) a surplus
B) an increase in search
C) a deadweight loss
D) None of the above because they are all impacts of a rent ceiling set below the equilibrium rent.
Correct Answer:
Verified
Q12: Suppose the government imposes a price ceiling
Q13: A price ceiling, such as a rent
Q14: A price ceiling
A) makes it illegal to
Q15: A price ceiling is a price
A) below
Q16: Which of the following is an effect
Q18: In order to have an effect, a
Q19: When a rent ceiling is imposed in
Q20: A price ceiling set below the equilibrium
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