One common example of a price ceiling is rent control

According to aggregate demand and supply analysis, the negative demand shock of 2000-2004 had the effect of

A) increasing aggregate output, lowering unemployment, and raising inflation. B) decreasing aggregate output, raising unemployment, and raising inflation. C) increasing aggregate output, lowering unemployment, and lowering inflation. D) decreasing aggregate output, raising unemployment, and lowering inflation.

The above figure shows three different supply-and-demand graphs. Which graph best represents the market for vacations on Mars?

A) Graph A B) Graph B C) Graph C D) None of the above