A price ceiling set below the equilibrium price causes a shortage in the market

Of all industrialized nations, real GDP per capita was the highest in Japan in 2014

Indicate whether the statement is true or false

A ration coupon is generally used

a. to allocate the excess supply of a good b. if a price floor is imposed on a market c. to limit the supply of a good d. if there is an excess supply e. to allocate the good under conditions of excess demand