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The increase in the number of homeless people has driven the government to legislate a maximum price for the rental of 2 1 and 2

  1. The increase in the number of homeless people has driven the government to legislate a maximum price for the rental of 2 1 and 2 bedroom units. Graphically represent and explain three (3) possible impacts of the government decision on the rental market.

  1. Provide two (2) examples of a public good and explain why governments and not markets will have to provide them.

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