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Economists Generally Recognize That Rent Controls Cause Shortages in Housing

Question 189

Multiple Choice

Economists generally recognize that rent controls cause shortages in housing, yet rent controls tend 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 the above are correct.

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