Suppose there are two cities that have rent controlled apartments. in one city (albany) all apartments are subject to rent control; in the other city (halftrack) one-half of the apartments are rent controlled. which of the following is most likely to be true? a) it will be difficult to find a rent-controlled apartment in albany or halftrack; rents for the halftrack apartments not subject to controls will be higher than they would be without rent control. b) it will be easier to find an affordable apartment in albany since rents will be low across the board. c) it will be easier to find an affordable apartment in halftrack, either a rent -controlledapartment or another apartment, at a reasonable price. d) it will be impossible to rent an apartment in either city at any price.

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.