Under rent control, tenants can expect
a. lower rent and higher quality housing.
b. lower rent and lower quality housing.
c. higher rent and a shortage of rental housing.
d. higher rent and a surplus of rental housing.
b
Economics
You might also like to view...
In the figure above, if no one owns the lake, what is the deadweight loss in the market?
A) $2,400 per month B) $1,800 per month C) $3,600 per month D) zero
Economics
"Budget deficits are inflationary." The truth of this statement depends on
a. aggregate demand in the economy. b. the shape of the aggregate supply curve. c. the size of the national debt. d. existing debt as a percentage of GDP.
Economics