Multiple Choice
In New York City, apartment rent can be adjusted only when a tenant leaves. This leads
A) people to change apartments often.
B) landlords to encourage tenants to stay in their apartments.
C) tenants to stay in apartments longer than they would otherwise.
D) businesses to build new rental units.
Correct Answer:
Verified
Correct Answer:
Verified
Q12: When rent controls establish a legal maximum
Q13: If both buyers and sellers expect the
Q14: An effective rent control will<br>A) lead to
Q15: What are the effects of an increase
Q16: A decrease in demand and an increase
Q18: A change in an equilibrium price can
Q19: If the government should decide to legalize
Q20: Some Internet companies like Amazon reduce the
Q21: In the United States, the minimum wage
Q22: In the housing market, rents serve the