Which statement is true?

A) Rent control is a price floor.
B) A usury law is a price floor.
C) The minimum wage law is a price floor.
D) None of these statements are true.

Rent Control

Government-set price ceiling on rent.

Usury Law

Legislation regulating the maximum interest rate that can be charged on a loan, to protect consumers from excessively high rates.

Minimum Wage Law

Legislation that sets the lowest hourly wage rate that an employer can legally pay its workers.