Rent control is an example of
A) a price floor.
B) a price ceiling.
C) the rationing function of prices not working.
D) the government increasing the demand for certain products.
Correct Answer:
Verified
Q298: Rent controls are
A) when rents are set
Q299: In the housing market, rents serve the
Q300: Q301: Which of the following is a possible Q302: Suppose that the current equilibrium price of Q304: Which of the following is one of Q305: Which of the following would likely result Q306: Rent controls primarily benefit Q307: An effective rent control will Q308: In a city that has rent control
A) property owners.
B) people
A) lead to
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