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X X Q Q Graph 1 Graph 2 Problem 1 e: Price Ceilings & Floors: Enter the answers to the following questions into the blanks

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X X Q Q Graph 1 Graph 2 Problem 1 e: Price Ceilings & Floors: Enter the answers to the following questions into the blanks shown below: (1) Which of the graphs shown above illustrates the effect of government subsidized low income housing? Graph (enter either 1 or 2 into the answer box). (2) The government's pricing illustrated in this graph is known as a price (enter either ceiling or floor into the answer box). (3) The government's involvement would result in a in the market (enter either surplus or shortage into the answer box)

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