Over Time,housing Shortages Caused by Rent Control

question 120

Multiple Choice

Over time,housing shortages caused by rent control

• A)increase,because the demand for and supply of housing are less elastic in the long run.
• B)increase,because the demand for and supply of housing are more elastic in the long run.
• C)decrease,because the demand for and supply of housing are less elastic in the long run.
• D)decrease,because the demand for and supply of housing are more elastic in the long run.

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Definitions:

Premature

Occurring before the expected time or before the completion of the normal gestation period, often used to describe early birth.

Full-Term

Referring to a pregnancy that has reached between 39 and 40 weeks of gestation, indicating that the baby is fully developed and ready for birth.

Very Low Birth Weight

A term used to describe babies who are born weighing less than 1500 grams (3 pounds, 4 ounces).

Pounds

A unit of weight commonly used in the United States and the United Kingdom, equivalent to 0.453592 kilograms.