There is general agreement among economists that rent controls cause shortages of housing, but despite this rent controls continue to persist. Why does this occur?
A. Many people do not understand the effects that controls cause.
B. Property owners are politically unpopular.
C. Many persons tend to benefit from rent controls.
D. All of these responses are correct.
Answer: D
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What will be an ideal response?
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What will be an ideal response?
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