History, 13.02.2020 23:38 joshloveshannah52651

During World War II, New York City instituted rent-control laws limiting the maximum amount that could be charged to renters. What was the likely result of this action? Assume the market was in equilibrium before the rent controls were passed, and the rent controls are binding.

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During World War II, New York City instituted rent-control laws limiting the maximum amount that cou...