From an Efficiency Standpoint, Rent Controls

question 56

Multiple Choice

From an efficiency standpoint, rent controls:

• A) increase efficiency by allowing those households who could not afford high rents before to be able to purchase housing.
• B) increase efficiency by increasing consumer surplus.
• C) decrease efficiency because both buyers and sellers would be better off if the price of rents were allowed to rise.
• D) decrease efficiency because they make it illegal to trade.

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Definitions:

Proximal Convoluted Tubule

A portion of the kidney nephron responsible for reabsorbing water, sodium, and other substances from the filtrate.

Distal Convoluted Tubules

Part of the nephron in the kidney that functions in the reabsorption of water, sodium, and chloride and the secretion of potassium and hydrogen ions.

Collecting Ducts

Part of the kidney nephrons involved in the concentration and transportation of urine.

Afferent Arterioles

Small blood vessels that lead into the glomeruli of the kidneys, playing a crucial role in the filtration of blood.