Which One of the Following Is Not Likely to Be

question 94

Multiple Choice

Which one of the following is not likely to be an outcome of a rent ceiling?

• A)a black market for rent-controlled housing
• B)long waiting lists of potential renters for rent-controlled housing
• C)a short-run shortage of housing
• D)a black market price below the rent ceiling
• E)increased search activity for rent-controlled housing

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Definitions:

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Convertible Bond

A type of bond that can be converted into a predetermined amount of the issuing company's equity at certain times during its life, usually at the discretion of the bondholder.

Market Value-Weighted

An index strategy where each component of the index is weighted according to its market capitalization, reflecting the proportionate value it represents.

NYSE Composite

An index that measures the performance of all stocks listed on the New York Stock Exchange, offering a broad indicator of market trends.