Question: How does rent control tend to cause persistent imbalances in the market for housing? O a. Quantity demanded exceeds quantity supplied but price cannot fall


How does rent control tend to cause persistent imbalances in the market for housing? O a. Quantity demanded exceeds quantity supplied but price cannot fall to remove the surplus. O b. Quantity supplied exceeds quantity demanded but price cannot rise to remove the shortage. O c. Quantity demanded exceeds quantity supplied but price cannot rise to remove the shortage. O d. Quantity supplied exceeds quantity demanded but price cannot fall to remove the surplus. K
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