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

Question

Quizplus · Accepted Answer

The statement is predicting an outcome based on a specific policy, rather than presenting a model or theory. It is also making a normative statement about whether or not rent controls should be implemented, rather than simply stating a fact. Finally, it is making an assumption about the relationship between rent controls and housing supply, rather than providing empirical evidence.

The Statement That Introducing a Policy of Legislated Rent Controls