Chapter 3: Problem 14
Opponents of rent control are likely to use all of the following arguments EXCEPT: A. Rent control is an interference in the market. B. Decontrol is usually followed by much higher rents. C. Rent control depresses the construction of new rental housing. D. In cities with little available building land, rent control minimizes the loss of consumer's surplus. E. Rent control deprives an owner of the free use of his or her property.
Short Answer
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Key Concepts
These are the key concepts you need to understand to accurately answer the question.