Multiple Choice
One economist has argued that rent control is "the best way to destroy a city,other than bombing." Why would an economist say this?
A) He fears that low rents will cause low-income people to move into the city,reducing the quality of life for other people.
B) He fears that rent control will benefit landlords at the expense of tenants,increasing inequality in the city.
C) He fears that rent controls will cause a construction boom,which will make the city crowded and more polluted.
D) He fears that rent control will eliminate the incentive to maintain buildings,leading to a deterioration of the city.
Correct Answer:

Verified
Correct Answer:
Verified
Q115: Figure 6-4 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg" alt="Figure 6-4
Q116: A minimum wage that is set below
Q117: In a market with a binding price
Q120: Over time,housing shortages caused by rent control<br>A)increase,because
Q121: If a price ceiling is not binding,then<br>A)the
Q122: In a free,competitive market,what is the rationing
Q123: Figure 6-9 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg" alt="Figure 6-9
Q124: Figure 6-9 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg" alt="Figure 6-9
Q163: When OPEC raised the price of crude
Q167: If the government removes a binding price