Question 1 (1 point) ) Listen If an effective rent ceiling is implemented, what would happen in the market for apartment rentals? O The demand curve would NOT shift, resulting in a shortage of accommodations. The demand curve would shift to the left, leading to a decrease in price. O The demand curve would NOT shift, resulting in a surplus of accommodations. O The demand curve would shift to the right, leading to an increase in price.Question 2 (1 point) Listen FIGURE 4-2 S3 51 52 Price D1 D2 Quantity of Submarine Sandwiches Refer to Figure 4-2. Which movement of equilibrium illustrates a decrease in the quantity demanded, but NOT a decrease in demand? from Point D to Point C O from Point D to Point B O from Point C to Point D O from Point B to Point DQuestion 3 (1 point) Listen Suppose the equilibrium price of bread is $3.00 per loaf. If the government sets a price ceiling of $2.50 per loaf, which of the following will result? O The quantity of wheat supplied will increase. O The equilibrium price of wheat will fall and a shortage of wheat will be created. O There will be a shortage of bread. O The quantity of wheat demanded will decrease.Listen Listen What is the term for the difference between the nominal interest rate and the rate of inflation? O the discount rate O the coupon rate O the real interest rate O the prime rateQuestion 5 (1 point) ) Listen When does inflation exist in the economy? C whenever the price of a good decreases C whenever the overall price level is rising C whenever the economy experiences a contraction O whenever the price of a good increases