How Did Economists Try to Prove That Reductions in Newapartment

question 32

Multiple Choice

How did economists try to prove that reductions in newapartment building in Ontario, Canada, during the 1970-1975period were a result of debates on rent control?
They:

• A)showed that the economy was declining during this period.
• B)pointed to the fact that the OPEC oil crisis occurred at this time.
• C)contrasted the fact that apartment building was declining while new house building was rising, in the same state of
• Economy.
• D)pointed to the fact that rent controls had not been implemented during the OPEC oil crisis.

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