Which of the Following Statements About the Effects of Rent

question 208

Multiple Choice

Which of the following statements about the effects of rent control is correct?

• A)The short-run effect of rent control is a surplus of apartments,and the long-run effect of rent control is a shortage of apartments.
• B)The short-run effect of rent control is a relatively small shortage of apartments,and the long-run effect of rent control is a larger shortage of apartments.
• C)In the long run,rent control leads to a shortage of apartments and an improvement in the quality of available apartments.
• D)The effects of rent control are very noticeable to the public in the short run because the primary effects of rent control occur very quickly.

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Definitions:

Traditional Gender Roles

A set of societal norms dictating what types of behaviors are generally considered acceptable, appropriate, or desirable for a person based on their actual or perceived sex.

Benefits

Forms of value, often related to employment or insurance, provided to individuals in addition to salary, including medical insurance, pension, and holidays.

Costs

The amount of money required for the production, maintenance, or acquisition of goods and services.

Androgynous Individuals

People who do not fit neatly into the conventional gender roles of male or female, often blending or embracing characteristics of both.