Asked by Muhammad Saddam on May 27, 2024

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Economists argue that rent control is a highly efficient way to help the poor raise their standard of living.

Standard Of Living

The scale of monetary assets, amenities, worldly possessions, and survival necessities allotted to a distinct class or demographic region.

  • Understand the concept and implications of rent control as a form of price ceiling.
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Zybrea KnightJun 02, 2024
Final Answer :
False
Explanation :
Most economists agree that rent control often leads to decreased supply and quality of rental housing, making it less efficient as a means to help the poor raise their standard of living.