Solved

Which Is a Correct Statement About a Rent Control Law

Question 47

Multiple Choice

Which is a correct statement about a rent control law?


A) A rent control law is a price floor law that makes apartments cheaper to rent but discourages property owners from renting out apartments.
B) A rent control law encourages property owners to convert offices and condos into apartments.
C) A rent control law reduces housing shortages.
D) A rent control law encourages landlords to rent out apartments.
E) A rent control law is a price ceiling law that makes apartments cheaper to rent but discourages property owners from renting out apartments.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions