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-The Above Figure Shows the Apartment Market in Big City

Question 79

Multiple Choice

  -The above figure shows the apartment market in Big City. What could the Big City Housing Authority do if it wants to reduce the rents paid by its citizens? A)  impose a rent floor above $1350 B)  impose a rent floor below $1350 C)  impose a rent ceiling above $1350 D)  impose a rent ceiling below $1350
-The above figure shows the apartment market in Big City. What could the Big City Housing Authority do if it wants to reduce the rents paid by its citizens?


A) impose a rent floor above $1350
B) impose a rent floor below $1350
C) impose a rent ceiling above $1350
D) impose a rent ceiling below $1350

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