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Difficulty:
25%
(medium)
Question Stats:
80% (01:53) correct
20%
(02:00)
wrong
based on 199
sessions
History
Date
Time
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Two years ago, after witnessing several consecutive years of excessive rent increases in the city and continual protests about the same, the city of Raylayer decided to fix an upper limit on these increases. Since then the landlords have not been able to increase the rent amounts substantially, but on an average the total amount people have been spending to rent similar accommodation has increased at a rate much higher than the increase in the rents.
Which of the following, it true, most helps to explain why the rent cap did not achieve its goal?
A. The demand for independent houses, houses that are typically rented at a much higher rate than apartments in a multi-storeyed buildings, has not gone down in the past two years.
B. Landlords have the liberty to hike maintenance charges, charges not limited by the ceiling on the rent.
C. Seven years ago, a similar rent ceiling program was implemented in Raylayer, but it was subsequently cancelled because of the frequent protests by different associations that protect the interest of landlords in Raylayer.
D. Raylayer is one of the most expensive cities to live in the country.
E. The overall demand for rented accommodation in Raylayer has been at an all-time low since many people decided to move to nearby cities two years ago when the city faced excessive hikes in rents.
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Which of the following, it true, most helps to explain why the rent cap did not achieve its goal?
A. The demand for independent houses, houses that are typically rented at a much higher rate than apartments in a multi-storeyed buildings, has not gone down in the past two years.
B. Landlords have the liberty to hike maintenance charges, charges not limited by the ceiling on the rent.
C. Seven years ago, a similar rent ceiling program was implemented in Raylayer, but it was subsequently cancelled because of the frequent protests by different associations that protect the interest of landlords in Raylayer.
D. Raylayer is one of the most expensive cities to live in the country.
E. The overall demand for rented accommodation in Raylayer has been at an all-time low since many people decided to move to nearby cities two years ago when the city faced excessive hikes in rents.
_________________
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We have to explain the reason behind why the people have been spending much higher total amount to rent similar accommodation, even landlords have not been able to increase the rent amounts substantially.
A. The demand for independent houses, houses that are typically rented at a much higher rate than apartments in a multi-storeyed buildings, has not gone down in the past two years.I did pick A 1st time by reading fast but A is incorrect as "has not gone down" doesnt mean increase either it can also mean that the demand for independent houses was constant. So it doesnt explain the reason behind why the people have been spending average much higher the total amount to rent similar accommodation.
B. Landlords have the liberty to hike maintenance charges, charges not limited by the ceiling on the rent. This is perfect. hike in maintenance charges can explain the reason behind why the people have been spending average much higher the total amount to rent similar accommodation.
C. Seven years ago, a similar rent ceiling program was implemented in Raylayer, but it was subsequently cancelled because of the frequent protests by different associations that protect the interest of landlords in Raylayer. Irrelevant.
D. Raylayer is one of the most expensive cities to live in the country.Irrelevant. So what?
E. The overall demand for rented accommodation in Raylayer has been at an all-time low since many people decided to move to nearby cities two years ago when the city faced excessive hikes in rents. It should mean on an average the total amount people have been spending to rent similar accommodation has decreased. So it doesnt explain the reason behind why the people have been spending average much higher the total amount to rent similar accommodation.
A. The demand for independent houses, houses that are typically rented at a much higher rate than apartments in a multi-storeyed buildings, has not gone down in the past two years.I did pick A 1st time by reading fast but A is incorrect as "has not gone down" doesnt mean increase either it can also mean that the demand for independent houses was constant. So it doesnt explain the reason behind why the people have been spending average much higher the total amount to rent similar accommodation.
B. Landlords have the liberty to hike maintenance charges, charges not limited by the ceiling on the rent. This is perfect. hike in maintenance charges can explain the reason behind why the people have been spending average much higher the total amount to rent similar accommodation.
C. Seven years ago, a similar rent ceiling program was implemented in Raylayer, but it was subsequently cancelled because of the frequent protests by different associations that protect the interest of landlords in Raylayer. Irrelevant.
D. Raylayer is one of the most expensive cities to live in the country.Irrelevant. So what?
E. The overall demand for rented accommodation in Raylayer has been at an all-time low since many people decided to move to nearby cities two years ago when the city faced excessive hikes in rents. It should mean on an average the total amount people have been spending to rent similar accommodation has decreased. So it doesnt explain the reason behind why the people have been spending average much higher the total amount to rent similar accommodation.
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