Examlex
Rent controls encourage investment in housing because they bring stability to the market.
Assumptions
Premises or conditions accepted as true without proof, used as bases for reasoning or an argument.
Secondary Effects
The indirect impacts that follow the primary effects of a decision or action in economics, often unforeseen or unintended.
Mediocre Economists
Economists who may possess average skills or lack the influence of leading thinkers in their field.
Observable
A characteristic or phenomenon that can be seen, measured, or otherwise detected through empirical methods.
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