Examlex
Define the recency effect and provide examples.
Rent Controls
Government-imposed limits on the amount landlords can charge tenants for leasing property.
Rental Units
Housing units that are available for rent, including apartments, houses, and townhouses.
Actual Price
The selling price at which a good or service is offered to consumers in the market.
Price Ceiling
A maximum price set by law that can be charged for a good or service, below the equilibrium price, leading to a shortage.
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