Economists in General Agree That Rent Controls Are

question 26

Multiple Choice

Economists in general agree that rent controls are:

• A) an efficient and equitable way to help low-income families.
• B) an inefficient and ineffective way to help low-income families.
• C) an efficient method of dealing with the supply of rental units but don't provide relief for low-income families.
• D) not very efficient but still a good way to solve the problem of low income.

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Definitions:

Unwarranted Assumption

An argument based on a premise which lacks evidence to support it, leading it to be erroneous.

Natural

Existing in or derived from nature; not made or caused by humankind.

Good

A concept that denotes positive moral qualities, beneficial outcomes, or something that is desirable and approved of in a society.

Most People Believe

A phrase indicating a common or widespread opinion or perception among the general population.