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Author Question: FIGURE 5-4Refer to Figure 5-4. Suppose the government imposes a rent-controlled price of $600 per ... (Read 126 times)

mccallkeeler

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Question 1

Who are likely to be the biggest beneficiaries of rent controls?
◦ prospective tenants
◦ current tenants
◦ landlords
◦ construction companies
◦ No group will benefit from the controls.

Question 2




FIGURE 5-4

Refer to Figure 5-4. Suppose the government imposes a rent-controlled price of $600 per month on apartments in this city. In the short run we can expect the shortage of apartments to be ________ units.


◦ 0
◦ 1000
◦ 200
◦ 300
◦ 800


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Marked as best answer by mccallkeeler on Oct 12, 2022

gyvette

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mccallkeeler

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review


JaynaD87

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Reply 3 on: Yesterday
Excellent

 

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