Use This Figure for the Questions That Follow

question 114

Multiple Choice

Use this figure for the questions that follow.

-What are Colombia's FARC and ELN?

• A) acts that were established to facilitate free trade throughout Latin America
• B) insurgency groups that are financed mainly by the Latin American drug trade
• C) acronyms for newly established territories in the western Amazon
• D) Latin American television stations that are viewed by millions in the region
• E) an international finance and environmental organization, respectively, in Latin America

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Definitions:

Rent Control

Government-imposed limits on the amount landlords can charge for renting out housing or apartments, intended to keep housing affordable.

Price Floor

A government-imposed limit on how low a price can be charged for a product, meant to ensure fair compensation for producers.

Rent Control

A government policy or law that limits the amount landlords can charge for leasing a home or apartment, with the aim to keep housing affordable for tenants.

Housing Shortages

A situation in a housing market where the demand for homes exceeds the supply, leading to increased prices and decreased affordability.