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Author Question: A rent ceiling creates a shortage. As a result, there is A) an efficient allocation of housing. ... (Read 88 times)

mpobi80

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  • Posts: 519
on: Jun 29, 2018
A rent ceiling creates a shortage. As a result, there is
 
  A) an efficient allocation of housing.
  B) a surplus of housing.
  C) an increase in the producer surplus in the housing market.
  D) a decrease in the producer surplus in the housing market.

Question 2

In the above table, the inflation rate between 2014 and 2015 is approximately
 
  A) 10 percent.
  B) 11 percent.
  C) 121 percent.
  D) None of the above answers is correct.


tmlewis4706

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


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