Problem 3: Price Controls Suppose the market for 30-year mortgage loans is illustrated by the following supply and demand curves (interest rate (%) denoted by R): QD = 400 5R Qs = ZORi 100 a. Graph the market demand and supply curves and calculate the market equilibrium. Be sure to label all slopes and intercepts. Price Quantity Suppose a price ceiling in the market prevents interest rates from rising above 12% (R = 12). b. Calculate the quantity sold in the presence of this price ceiling. 0. Calculate the consumer surplus, producer surplus, and deadweight loss associated with the presence of this price ceiling