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

Question

Quizplus · Accepted Answer

The statement is a prediction about the future consequences of implementing a policy. It is not a model, theory, normative statement, or assumption. Therefore, the best answer is D - prediction.

The Statement That Introducing a Policy of Legislated Rent Controls