Question

Duuu. und their elasticity of demand becomes more Question 4 2 pts The usual stated political goal of rent control is . O to conduct social engineering via economic rules. O to pander to real estate landlords by assuring them a low occupancy rate. Oto pander to the low income voters by assuring them enough living space. to assist the low income at a cost to society, in convenient, affordable housing. prices that allow rationing to the highest bidder. 2 pts DQuestion 5 the following questions

Answer 1

The stated political goal is to make housing more affordable to people that have low income. These in turn will vote in favour of the government because it has given them low cost housing. Hence, option 4 (to assist low income at a cost to society in affordable housing) is correct.