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In an unregulated housing market with no rent ceiling, Question content area bottom Part 1 A. tenants pay a lower rent than in a market
In an unregulated housing market with no rent ceiling, Question content area bottom Part 1 A. tenants pay a lower rent than in a market with an effective rent ceiling. B. scarce housing resources are allocated efficiently. C. scarce housing resources are allocated equitably. D. scarce housing resources are allocated inefficiently. E. landlords receive a lower rent than in a market with an effective rent ceiling.A new minimum wage law best helps the working poor when Question content area bottom Part 1 A. demand for unskilled labour is elastic. B. gains from workers who remain employed are greater than the lost income of workers who lose their jobs. C. businesses have many substitutes for unskilled labour. D. all of the above are true. E. none of the above are true
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