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Recall the Application About the Mismatch of Rent-Controlled Apartments and Their

Question 1

Multiple Choice

Recall the Application about the mismatch of rent-controlled apartments and their tenants to answer the following question(s) .
-Recall the Application.Under rent control,the government sets a maximum price for housing,decreasing the quantity supplied and the total value of the market.Rent control and other maximum prices cause ________ and possibly ________.


A) inefficiency; mismatches.
B) efficiency; mismatches
C) mismatches; equilibrium
D) none of the above

Correct Answer:

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