Rent control
A) serves as an example of how a social problem can be alleviated or even solved by government policies.
B) serves as an example of a price floor.
C) is regarded by most economists as an inefficient way of helping the poor.
D) is the most efficient way to allocate scarce housing resources.
Correct Answer:
Verified
Q56: Figure 6-5 Q57: Figure 6-5 Q58: In the 1970s,long lines at gas stations Q59: Figure 6-4 Q60: Rationing by long lines is Q141: One economist has argued that rent control Q150: Which of the following is not a Q154: Economists blame the long lines at gasoline Q161: Over time,housing shortages caused by rent control Q223: Under rent control, landlords cease to be Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A)inefficient, because it
A)increase,because
