Economists Generally Recognize That Rent Controls Cause Shortages in Housing

question 189

Multiple Choice

Economists generally recognize that rent controls cause shortages in housing, yet rent controls tend to persist.Why does this occur?

• A)Many people do not understand the effects that controls cause.
• B)Property owners are politically unpopular.
• C)Many persons tend to benefit from rent controls.
• D)All of the above are correct.

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Definitions:

Disseminating

The act of spreading information, ideas, or knowledge widely, often to educate or inform a public audience.

Party

A social gathering of invited guests, typically involving eating, drinking, and entertainment.

Study

The act of devoting time and attention to acquiring knowledge on an academic subject, especially through reading or research.

Discussion

An exchange of ideas or opinions on a particular issue, especially in a formal or organized setting, aimed at reaching a consensus or deepening understanding.