If the government imposes a maximum rent for housing that is above the equilibrium price, then you predict that:
a) the law will have no effect in the market for housing.
b) the supply curve for housing shifts leftward.
c) the demand curve for housing shifts rightward.
d) the law will generate a shortage of housing.
e) the law will create a surplus of housing.
Ans: a) the law will have no effect in the market for housing.
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