Multiple Choice
Which of the following will most likely result from rent controls that reduce monthly rental rates below market equilibrium?
A) Shortages and black markets for rental housing will develop.
B) The quality of rental housing will improve.
C) The future supply of rental housing will increase rapidly.
D) Discrimination against minorities and persons with unconventional lifestyles will decline in the rental housing market.
Correct Answer:

Verified
Correct Answer:
Verified
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