Who Benefits Primarily from Rent Controls

question 377

Multiple Choice

Who benefits primarily from rent controls?

• A) Construction workers
• B) Poor people looking for low-income housing
• C) All who want to rent
• D) Only renters who are able to get units at below-market rates

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Definitions:

Long-Term Debt

Financial obligations of a business that are due for repayment in more than one year, such as bonds, mortgages, and long-term loans.

Accounts Receivable

Dues from clients to a business for goods or services that have been supplied but remain unpaid.

Product Warranty

A guarantee provided by a manufacturer or seller to a buyer, promising to repair or replace the product if necessary within a specified period of time.

Sale Product

Usually refers to the final merchandise available for sale to consumers, differing from raw materials or components used in manufacturing.