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Sublight2097 Sublight2097
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8 years ago
If the government were to remove rent controls from the New York City rental market, then
A) all would be harmony.
B) the price paid by buyers would decrease and the quantity of rental units will decrease.
C) the price received by sellers would increase and the quantity of rental units will increase.
D) the price received by sellers would decrease and the quantity of rental units will decrease.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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SmooothSmoooth
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#1
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8 years ago
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Sublight2097 Author
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#2
8 years ago
Seriously, you've been tremendously helpful! Thank you.
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#3
8 years ago
No problemo Happy Dummy
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