The Use of Legislated Rent Controls Typically

question 83

Multiple Choice

The use of legislated rent controls typically

• A)has no effect on the distribution of income between tenants and landlords or on the availability of rental accommodations.
• B)affects the distribution of income between tenants and landlords but does not affect the supply of rental accommodations.
• C)has no effect on the distribution of income between tenants and landlords but does affect the supply of rental accommodations.
• D)affects the distribution of income between tenants and landlords and also affects the availability of rental accommodations.
• E)has much worse effects in the short run than in the long run.

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Definitions:

Population

All the cases in a group being studied, from which samples may be drawn. (Note: Except for national studies, this does not refer to a country’s whole population.)

Independent Variable

In an experiment, the variable that is manipulated by the researcher to observe its effect on the dependent variable.

Negatively Correlated

Describes a relationship between two variables in which one variable increases as the other decreases, and vice versa.

Wealth

An abundance of valuable financial assets or physical possessions which can include money, properties, and other material assets.