Rent Controls Are

question 96

Multiple Choice

Rent controls are:

• A) an efficient and equitable way to help the poor.
• B) inefficient, but a pretty good way to solve a serious social problem.
• C) an inefficient way to help the poor in raising their standard of living.
• D) an efficient way to allocate housing.

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Definitions:

Values

Core beliefs or standards that guide and motivate attitudes and actions.

Norms

Established standards of behavior or beliefs that are considered typical or acceptable within a group or society.

Infractions

Breaches or violations of rules or agreements.

Empirical Evidence

Empirical evidence is information acquired by observation or experimentation that serves as the basis for knowledge and theory development.