Multiple Choice
One common effect of rent ceilings in big cities is
A) that landlords build more apartments.
B) that landlords charge "key money," high payments charged to new tenants for new locks and keys.
C) to equalize the quantity of apartments demanded and the quantity supplied in neighborhoods.
D) to reduce the search activity by those seeking shelter.
Correct Answer:
Verified
Related Questions
Q26: With rent controls set below the equilibrium
Q27: A rent ceiling results in a shortage
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