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:

Grover Cleveland

The 22nd and 24th President of the United States, known for his honesty, integrity, and fight against political corruption.

Retrieval Cues

Stimuli that help you retrieve a certain memory.

Long-Term Memory

A type of memory responsible for the storage of information over an extended period of time, ranging from several minutes to decades.

Accessibility

The ease with which information can be retrieved from memory.