The Government Imposes a Maximum Price on Apartments That Is

question 69

Multiple Choice

The government imposes a maximum price on apartments that is below the equilibrium price. You accurately predict that

• A) the law will have no economic impact.
• B) the law will create a surplus of apartments.
• C) renters will find that landlords start offering to furnish the apartments.
• D) landlords are less likely to do routine maintenance work in the apartments.

---

Definitions:

Limitations

The restrictions or constraints that affect the scope, reach, or effectiveness of something, like a study, technology, or method.

Psychosexual Stages

A theory by Sigmund Freud suggesting human development occurs in five stages (oral, anal, phallic, latency, genital), each associated with sexual pleasure in different areas of the body.

Freud

The founder of psychoanalysis, Sigmund Freud was a neurologist who introduced key concepts regarding the unconscious mind and the dynamics of personality.

Folk Healers

Traditional or cultural healers who use indigenous knowledge and practices to treat various ailments and maintain health.