Exhibit 4-6
-In a rental market like the one in Exhibit 4-6, a government-imposed rule that rent cannot exceed $750 per month would be called a

Name: Exhibit 4-6 -In a rental market like the one in Exhibit 4-6, a government-imposed rule that rent cannot exceed $750 per month would be called a
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Question

Exhibit 4-6  
-In a rental market like the one in Exhibit 4-6, a government-imposed rule that rent cannot exceed $750 per month would be called a

Quizplus · Accepted Answer

A government-imposed rule that sets a maximum price at which a good or service can be sold is called a price ceiling. In this case, the price ceiling is $750 per month for rent.