An Alternative to Rent Controls That Increases the Quantity of Housing

question 88

Multiple Choice

An alternative to rent controls that increases the quantity of housing and targets consumers that need low-cost rental property is:

• A) tax credits.
• B) vouchers.
• C) subsidies to landlords
• D) not available.

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Definitions:

General Journal

A basic accounting ledger that records each financial transaction of a business in chronological order.

Transactions

The exchanges or transfers of goods, services, or funds between two or more parties.

Journal

An accounting record where all transactions are initially recorded using the double-entry bookkeeping system before their details are posted to accounts in the general ledger.

T Account

A graphical representation used in accounting to depict the debit and credit sides of a ledger for easier visualization and understanding.