Recall the Application About the Mismatch of Rent-Controlled Apartments and Their

question 1

Multiple Choice

Recall the Application about the mismatch of rent-controlled apartments and their tenants to answer the following question(s) .
-Recall the Application.Under rent control,the government sets a maximum price for housing,decreasing the quantity supplied and the total value of the market.Rent control and other maximum prices cause ________ and possibly ________.

• A) inefficiency; mismatches.
• B) efficiency; mismatches
• C) mismatches; equilibrium
• D) none of the above

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Definitions:

Contingency Workers

Employees who are hired on a temporary basis or for specific projects rather than being permanent staff.

Part-Time

A type of employment status where the worker is employed for fewer hours per week than a full-time employee, often offering flexible schedules.

Temporary Basis

A condition or situation that is not permanent and is expected to change or end after a certain period.

Regular Workforce

Describes the employees who work under standard employment contracts with predictable hours and benefits, as opposed to temporary or freelance workers.