Some economists have criticized rent control programs because they a. are applied in situations where there is

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Some economists have criticized rent control programs because they

a. are applied in situations where there is already an excess supply of housing.

b. lead to a higher quantity of housing on the market than would exist otherwise.

c. increase the price of rental housing.

d. increase landlords’ profits.

e. reduce the incentive for landlords to maintain and expand rental housing.

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Principles Of Microeconomics

ISBN: 9781913689681

7th Edition

Authors: Fred M. Gottheil

Question Posted: Nov 11, 2024 07:04 AM

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Some economists have criticized rent control programs because they a. are applied in situations where there is

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Principles Of Microeconomics

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