What Do Economists Generally Regard Rent Control to Be

question 8

Multiple Choice

What do economists generally regard rent control to be

• A)an efficient and equitable way to help low-income households
• B)not efficient, but the best way to solve a serious social problem
• C)a highly inefficient way to help low-income households raise their standard of living
• D)an efficient way to allocate housing, but not a good way to help low-income households

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Definitions:

Intrinsic Reinforcer

A type of motivation that comes from within an individual, such as personal satisfaction or enjoyment of a task.

Extrinsic Rewards

Benefits provided by external factors, such as money, grades, or praise, which motivate individuals to perform tasks.

Sales Quota

A specific sales performance target set for a salesperson or team to achieve within a specified time frame.

Reflexive Response

An automatic, involuntary reaction to a stimulus that does not involve conscious thought.