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:

Social and Cultural Psychology

A branch of psychology that examines how people's thoughts, feelings, and behaviors are influenced by the actual, imagined, or implied presence of others, as well as cultural contexts.

Injured

The state of being harmed or damaged physically or psychologically.

Public Place

An area that is open and accessible to people, such as parks, streets, and public squares.

Help

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