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Consider the following statements. For each of them, state whether you think they are true or false. Then critique the statements and describe the values

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Consider the following statements. For each of them, state whether you think they are true or false. Then critique the statements and describe the values inherent in them. (SBS2, SBS3, SBS4) "Imposing a binding price ceiling in a competitive market for rental housing - rent control - leads to an inefficiently low quantity of rental housing." "If we know that a price ceiling on rental housing has led to an inefficient outcome, then we know that removing the ceiling will make some people better off and no one worse off."

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