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Rent stabilization policies are an example of:

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


Sagot :

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.


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