Examlex
Kingsley Davis and Wilbert Moore's functionalist explanation of inequality has been criticized because there is no proof there is a scarcity of people to fill high-level positions.
Rental Housing Market
The segment of the real estate market that involves the leasing or renting of property for residential purposes.
Rent-Control Scheme
A rent-control scheme is a government policy that sets a maximum price that can be charged for rental housing, aiming to make housing more affordable.
Equilibrium Rental Price
The price at which the quantity of rental properties supplied equals the quantity demanded.
Quota Rent
The earnings exceeding the normal anticipated returns due to import or export quotas.
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