Which of the Following Is an Impact of a Rent

question 176

Multiple Choice

Which of the following is an impact of a rent ceiling set below the equilibrium rent?

• A) Renters find apartments to rent more rapidly because the rent ceiling is lower.
• B) Landlords' incentives to provide apartments decrease.
• C) The supply of apartments increases as soon as the rent ceiling is imposed.
• D) A surplus of housing occurs.
• E) Search for apartments decreases because renters need no longer search for the apartment with the lowest rent.

---

Definitions:

Absent-Minded Professor

A stereotype of a distracted academic who is focused on their intellectual pursuits to the extent of being forgetful about daily life.

Reducing Information

The process of condensing data or details to make it simpler and easier to understand or manage.

Intention

A determined plan or aim to accomplish a specific purpose or to bring about a particular action.

Recall

The act of accessing and bringing into conscious thought information stored in memory.