One of the Ways Rent Control Is Inefficient Is That

question 139

Multiple Choice

One of the ways rent control is inefficient is that it leads to:

• A)higher-quality apartments.
• B)high opportunity costs associated with wasted time searching for apartments.
• C)markets that maximize total surplus.
• D)the construction of more apartments.

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Currency

The system of money in general use in a particular country, or the physical coins and banknotes that comprise this system.

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A ratio or fraction out of 100 used to express quantities.