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A Rent Ceiling Results in a Shortage

Question 100

Multiple Choice

A rent ceiling results in a shortage. As a result, which of the following do you expect?


A) A shortage of applicants for the apartments available.
B) Discrimination as tenants choose their landlords, possibly based on race, age, or gender.
C) A black market for apartments whereby higher rents are obtained through various other charges.
D) In the long-run, more and more people will want to become landlords.

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