Which of the Following Statements Is TRUE? I

question 85

Multiple Choice

Which of the following statements is TRUE? I. Rent controls prevent apartments from being allocated to people who value them the most. II. With a system of rent controls, landlords are more likely to make needed repairs to their properties as a way of attracting renters. III. Although inefficient, rent controls are the best way to help the poor afford housing.

• A) I only
• B) I and III only
• C) I, II, and III
• D) II and III only

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Definitions:

Categorical Proposition

A statement that affirms or denies something about all members of a category.

Conversion

In logic, a method of changing a categorical proposition by interchanging its subject and predicate without altering its truth value.

Obversion

A logical operation that involves changing a categorical statement into its obverse by negating both the subject and predicate and changing the quality of the statement from affirmative to negative, or vice versa.

Contraposition

A method in logic for deriving a new statement by reversing and negating both the subject and predicate of the original statement.