The Long-Run Effects of Rent Controls Are a Good Illustration

question 112

Multiple Choice

The long-run effects of rent controls are a good illustration of the principle that

• A)society faces a short-run tradeoff between unemployment and inflation.
• B)the cost of something is what you give up to get it.
• C)people respond to incentives.
• D)government can sometimes improve on market outcomes.

---

Definitions:

Nursing Diagnosis

A clinical judgment about individual, family, or community responses to actual or potential health problems/life processes, providing the basis for selecting nursing interventions.

Anxiety

A mental health condition characterized by feelings of worry, anxiety, or fear that are strong enough to interfere with one's daily activities.

Well-Being

A general term referring to an individual's overall health, happiness, and prosperity, which encompasses physical, mental, and emotional aspects.

Substance

Material with physical presence; often refers to substances of matter in various forms or to drugs and alcohol when discussing abuse or dependency.