Rent Controls

question 2

Multiple Choice

Rent controls

• A) create a deadweight loss.
• B) increase maintenance by landlords.
• C) benefit people who live in rent controlled apartments.
• D) Both answers A and C are correct.
• E) Both answers B and C are correct.

---

Definitions:

Intrinsic Motivation

The drive to perform an activity for its inherent satisfaction or pleasure, rather than for some separable consequence.

Creativity

The ability to generate novel and valuable ideas or solutions to problems.

Rationalization

A compromise mechanism characterized by trying to justify one’s behavior by constructing bogus reasons for it.

Receptivity

The willingness or readiness to accept or be open to ideas, suggestions, or changes.