Multiple Choice
Recall the Application about restrictions on residential housing developments in Britain to answer the following question(s) .
-Recall the Application. If the governmentʹs objective is to decrease the fluctuations in the prices in the housing market in Britain, the government must:
A) decrease the amount of development restrictions.
B) increase the amount of development restrictions.
C) decrease the number of developers in the market.
D) increase the sales tax charged on newly produced homes.
Correct Answer:
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