Which of the following is not a short-run effect of rent control on the housing market?
A) reduced rents
B) a large shortage
C) a small increase in quantity demanded
D) a small decrease in quantity supplied
Correct Answer:
Verified
Q161: Over time,housing shortages caused by rent control
A)increase,because
Q162: Which of the following is not correct?
Q163: Rent control policies tend to cause
A)relatively smaller
Q164: In 2012,the U.S.minimum wage according to federal
Q165: An alternative to rent-control laws that would
Q167: The minimum wage is an example of
Q168: Minimum-wage laws dictate the
A)average price employers must
Q169: Rent control
A)is an example of a price
Q170: An example of a price floor is
A)the
Q263: In the housing market, supply and demand
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