The Use of Legislated Rent Controls Typically

question 46

Multiple Choice

The use of legislated rent controls typically

• A) affects the distribution of income between tenants and landlords and also affects the availability of rental accommodations.
• B) has no effect on the distribution of income between tenants and landlords but does affect the supply of rental accommodations.
• C) has no effect on the distribution of income between tenants and landlords or on the availability of rental accommodations.
• D) has much worse effects in the short run than in the long run.
• E) affects the distribution of income between tenants and landlords but does not affect the supply of rental accommodations.

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Definitions:

Kin

Family members or relatives, typically those related by blood.

Non-Kin

Refers to individuals or entities that are not related by blood or family ties.

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Gene Investment Theory

A theory suggesting that individuals are predisposed to invest resources and efforts into offspring and relatives to ensure the transmission of their genes to future generations.