If a rent ceiling is imposed that is less than the equilibrium rent, which of the following outcomes is most likely occur 1) A building boom 2) Reduced search activity 3) A housing surplus 4) Black market activity Question 30 options

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If a rent ceiling is imposed that is less than the equilibrium rent, which of the following outcomes is most likely occur? 1) A building

If a rent ceiling is imposed that is less than the equilibrium rent, which of the following outcomes is most likely occur?

A building boom.

Reduced search activity.

A housing surplus.

Black market activity.

Question 30 options:

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