Of the Following Groups, Who Gains from Rent Controls

question 164

Multiple Choice

Of the following groups, who gains from rent controls?

• A) Landlords
• B) Construction workers and their union leaders
• C) Poor people who have a hard time earning enough income to pay high rents
• D) High-income people who live in rent-controlled apartments

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Definitions:

Charter Revoked

A situation where an official document granting rights, privileges, or authority is taken back or annulled by the granting authority.

King William

A title referring to several European monarchs; most commonly recognizes King William III of England, who reigned from 1689-1702, notable for his role in the Glorious Revolution.

Mismanagement

Poor or ineffective management practices that result in a failure to achieve desired outcomes or handle resources responsibly.

Dominion of New England

A short-lived administrative union of English colonies in North America created by King James II in 1686.