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estion 4 (1 point) Which of the following statements about the effects of rent control is correct? D The short-run effect of rent control is
estion 4 (1 point) Which of the following statements about the effects of rent control is correct? D 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. C 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. In the long run, rent control leads to a shortage of apartments and an improvement in the quality of available apartments. C 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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