A rent control law, where tenants pay below-market rents, is a market restriction that may induce a decrease in the supply of rented apartments

a. True
b. False
Indicate whether the statement is true or false

True

Economics

You might also like to view...

In the real world, contractionary monetary policy would be used to

A) combat a recession. B) reduce the rate of inflation. C) increase nominal GDP. D) increase long-run aggregate supply.

Economics

Economists at the U.S. Department of Justice help enforce the nation's antitrust laws

a. True b. False Indicate whether the statement is true or false

Economics