If the Rent Controlled Rent Is Above the Equilibrium the Result

question 2

Multiple Choice

If the rent controlled rent is above the equilibrium the result will be

• A)that landlords will charge more than the equilibrium rent.
• B)a shortage of rental apartments.
• C)a surplus of rental apartments.
• D)nothing different than if there were no rent control.

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Definitions:

Value

The numerical quantity or magnitude associated with an entity or assigned to a variable.

N7:2

A specific data register or address within a PLC's memory area used for storing or retrieving values, part of the integer file in certain PLC models.

Value

A numerical quantity, character, or boolean state representing data, settings, or measurement outcomes used in calculations, decision-making processes, or as input/output in systems.