In New York City, About 1 Million Apartments Are Subject

Multiple Choice

In New York City, about 1 million apartments are subject to rent control by the local government.Rent control

A) puts a legal limit on the rent that landlords can charge for an apartment.
B) is a price floor which sets a minimum rent for apartments.
C) only applies to those apartments which are owned and rented out by the local government.
D) is a government policy which limits apartment rental to those people whose incomes are less than $50,000 per year.