Which of the following is likely to occur after several years of relevant rent control? a. Rents

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Which of the following is likely to occur after several years of relevant rent control?

a. Rents exceeding equilibrium

b. An increase in available housing

c. A decrease in available housing

d. Rents equaling equilibrium

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Issues in Economics Today

ISBN: 978-1259746390

8th edition

Authors: Robert C. Guell

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Question Posted: Apr 24, 2018 01:37 AM

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Which of the following is likely to occur after several years of relevant rent control? a. Rents

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c A decrease in available housing Explanation The final obvious consequence of rent control ...View the full answer

Issues in Economics Today

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