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18-07-2024
Social Studies

Answered

Rent stabilization policies are an example of:

A. A price floor
B. A price ceiling
C. An equilibrium price

Answer :

GinnyAnswer GinnyAnswer

18-07-2024

Final answer:

Rent control is an example of a price ceiling that creates shortages in the housing market.

Explanation:

Rent control is an example of a price ceiling, which is a maximum allowable price set by the government. When the price ceiling is below the equilibrium price, it creates shortages in the housing market.

Learn more about price ceiling here:

https://brainly.com/question/32823769

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