Which of the Following Is a Consequence of Rent Controls

question 146

Multiple Choice

Which of the following is a consequence of rent controls established to keep housing affordable for the poor?

• A)Less rental housing is available, as prospective landlords find it unprofitable to rent at restricted prices.
• B)The quality of rental housing declines as landlords lack the funds and incentive to maintain properties.
• C)Apartment buildings are torn down in favor of office buildings, shopping malls, and other buildings where rents are not controlled.
• D)All of these choices are correct.

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Definitions:

Discharged

The act of formally terminating an employee's position within a company, often as a result of disciplinary action or organizational downsizing.

Morally Wrong

Actions or behaviors that are considered unethical or contrary to societal or personal moral standards.

Efficiency

The extent to which resources such as energy, time, and money are well-used for the intended task or purpose, minimizing waste and maximizing outputs.

Employment Relationship

The formal linkage between employers and employees that dictates the terms of employment and is regulated by labor law and contract.