In a city with rent-controlled apartments, all of the following are true except
A) landlords have an incentive to rent more apartments than they would without rent control.
B) apartments usually rent for rates lower than the market rate.
C) it usually takes more time to find an apartment than it would without rent control.
D) apartments are often in shorter supply than they would be without rent control.
A
You might also like to view...
Refer to Mexico and Japan. What is the cost of producing 1 bushel of food in Mexico?
a. 3 hours of labor.
b. 1/2 bolt of cloth.
c. 1/3 bushel of imported Japanese food.
d. 1/4 bolt of imported Japanese cloth.
The population parameter in the null hypothesis _____.?
A. ?is always greater than zero B. ?is always equal to zero C. ?is always less than zero D. ?is not always equal to zero
In Figure 20.2, if Aggregate Demand does not change, the increase in Real GDP will be accompanied by 
A. lower real wages. B. no change in the price level. C. a lower price level. D. a higher price level.
"Unfunded liability" refers to a government commitment to:
A. Not pay the government bonds that are coming due B. Spend in the future without also committing to collect enough tax money to pay for it C. Support the retirement funds of businesses who have gone bankrupt D. Put money in specific mutual funds in order to vouch for the funds' liabilities