An unintended consequence of attempting to solve a housing shortage by instituting rent controls is that: the supply of apartments decrease while the demand for apartments increases. the supply of apartments increases while the quantity demanded of departments decreases. the quantity supplied of apartments increases while the quantity demanded of apartments decreases the supply of apartments increases while the demand for apartments decreases. the quantity supplied of apartments decreases while the quantity demanded of apartments increases.

EBK HEALTH ECONOMICS AND POLICY
7th Edition
ISBN:9781337668279
Author:Henderson
Publisher:Henderson
Chapter13: Medicaid
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I'm a bit stuck on the following question on my exam review, and I would greatly appreciate some help!

An unintended consequence of attempting to solve a housing shortage by instituting
rent controls is that:
the supply of apartments decrease while the demand for apartments increases.
the supply of apartments increases while the quantity demanded of departments decreases.
the quantity supplied of apartments increases while the quantity demanded of apartments
decreases
the supply of apartments increases while the demand for apartments decreases.
the quantity supplied of apartments decreases while the quantity demanded of apartments
increases.
Transcribed Image Text:An unintended consequence of attempting to solve a housing shortage by instituting rent controls is that: the supply of apartments decrease while the demand for apartments increases. the supply of apartments increases while the quantity demanded of departments decreases. the quantity supplied of apartments increases while the quantity demanded of apartments decreases the supply of apartments increases while the demand for apartments decreases. the quantity supplied of apartments decreases while the quantity demanded of apartments increases.
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