What do the laws of supply and demand predict would be the result of an immediate removal

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What do the laws of supply and demand predict would be the result of an immediate removal of rent control in terms of the price of rental housing and the quantity available?

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Economics

ISBN: ?978-0073511290

19th edition

Authors: Paul A. Samuelson, William Nordhaus

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Question Posted: Apr 30, 2013 09:57 AM

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What do the laws of supply and demand predict would be the result of an immediate removal

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Eventually the rental rates would conform to the law of supply and demand The more demand and the le...View the full answer

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