If an Effective Rent Ceiling Is Implemented, What Would Happen

question 122

Multiple Choice

If an effective rent ceiling is implemented, what would happen in the market for apartment rentals?

• A) The demand curve would not shift, resulting in a shortage of accommodations.
• B) The demand curve would shift to the left, leading to a decrease in price.
• C) The demand curve would not shift, resulting in a surplus of accommodations.
• D) The demand curve would shift to the right, leading to an increase in price.

---

Definitions:

Anger Issues

Difficulties in managing feelings of anger, which can affect a person's mental health and interpersonal relationships.

Affective Components

Elements of emotion or feelings that play a role in how individuals react and make decisions.

Depression

A common mental disorder characterized by persistent sadness, lack of interest or pleasure in activities, and an array of emotional and physical problems.

Anxiety

A feeling of worry, nervousness, or unease, typically about an imminent event or something with an uncertain outcome.