The statement that introducing a policy of legislated rent controls will lead to a housing shortage is an example of a(n)
A)assumption.
B)prediction.
C)theory.
D)normative statement.
E)model.

Question

Quizplus · Accepted Answer

The statement involves making a prediction about what will happen (i.e. a housing shortage) if rent controls are introduced, showing that it falls under the category of a prediction.

The Statement That Introducing a Policy of Legislated Rent Controls