Which of the Following Is Not a Short-Run Effect of Rent

question 140

Multiple Choice

Which of the following is not a short-run effect of rent control on the housing market?

• A)reduced rents
• B)a large shortage
• C)a small increase in quantity demanded
• D)a small decrease in quantity supplied

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Definitions:

Leaving Groups

Atoms or groups that can depart with a pair of electrons during a chemical reaction, facilitating the formation of a new bond.

Reaction

A process in which substances interact, producing new substances with different properties.

Forward Direction

In the context of a chemical reaction, refers to the progression of reactants to form products, as opposed to the reverse process.

Hexanoyl Chloride

An organic compound used as a reagent in organic synthesis, characterized by a six-carbon chain ending with a carbonyl chloride functional group.