Which of the following is NOT a characteristic of rent controls?

A. Greater availability of apartments
B. Lower expenditures on maintenance
C. Fewer newly built apartment buildings
D. Excess demand for apartments


Answer: A

Economics

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B. 5.
C. 6.
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a. as well as quantities demanded and supplied will increase b. will decrease, and quantity demanded and supplied will increase c. will decrease, and quantity demanded and supplied will decrease d. and quantity demanded remain unchanged e. remains unchanged, but both quantities demanded and supplied will decrease If supply increases and demand does not change, then price

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