If the equilibrium rent is _ the controlled level, then rent control laws are __. a. Above;

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If the equilibrium rent is _____ the controlled level, then rent control laws are ______.

a. Above; necessary

b. Above; irrelevant

c. Below; necessary

d. Below; irrelevant

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Issues in Economics Today

ISBN: 978-1259746390

8th edition

Authors: Robert C. Guell

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Question Posted: Apr 24, 2018 01:37 AM

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If the equilibrium rent is _____ the controlled level, then rent control laws are ______. a. Above;

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d Below irrelevant Explanation For a price ceiling ...View the full answer

Issues in Economics Today

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If the equilibrium rent is _ the controlled level, then rent control laws are __. a. Above;