Which of the Following Is Not a Common Effect of Imposing

question 235

Multiple Choice

Which of the following is not a common effect of imposing a rent control?

• A) Discriminatory practices by landlords.
• B) More time on waiting lists and searching for housing.
• C) A "black market" for rentals.
• D) An excess supply of rentals at the controlled price.

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Definitions:

Depreciable Cost

The cost of a plant asset less its salvage value.

Remaining Useful Life

The expected period that an asset is anticipated to be functional and economically viable for use in operations.

Book Value

The value of a company's asset as it appears on the balance sheet, calculated by subtracting the asset's accumulated depreciation from its cost.

Fair Market Value

The price at which an asset would sell in the market under conditions of fair competition and sufficient information.