If the Supply Curve for Housing Has the Normal Positive

question 65

Multiple Choice

If the supply curve for housing has the normal positive slope, rent controls will likely

• A)increase the amount of housing.
• B)improve the quality of housing.
• C)aggravate the housing shortage.
• D)help low-income families find suitable housing.
• E)increase the demand for housing.

---

Definitions:

Implementing

The process of putting plans, strategies, or policies into action or effect to achieve specific goals or outcomes.

New Ideas

Concepts or perceptions that have not been previously known or recognized, potentially leading to innovation or creative solutions.

Novel Ideas

Original or innovative thoughts and concepts that have not been previously explored or implemented.

Potentially Useful

Describes information, tools, or processes that may be beneficial or advantageous in certain contexts or under specific conditions.