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11 Jun 2010, 11:47
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Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
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68% (01:56) correct
32%
(02:08)
wrong
based on 62
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Unless they are used as strictly temporary measures, rent-control ordinances (municipal regulations placing limits on rent increases) have several negative effects for renters. One of these is that the controls will bring about a shortage of rental units. This disadvantage for renters occurs over the long run, but the advantage—smaller rent increases—occurs immediately. In many municipalities, specifically in all those where tenants of rent-control units have a secure hold on political power and can get rent-control ordinances enacted or repealed, it is invariably the desire for short-term gain that guides those tenants in the exercise of that power.
If the statements above are true, which one of the following can be properly inferred from them?
(A) It is impossible for landlords to raise rents when rent controls are in effect.
(B) In many municipalities rent-control ordinances are repealed as soon as shortages of rental unites arise.
(C) The only negative effect of tent control for renters is that it brings about a shortage of rental units.
(D) In many municipalities there is now, or eventually will be, a shortage of rental units.
(E) In the long term, a shortage of rental units will raise rents substantially.
If the statements above are true, which one of the following can be properly inferred from them?
(A) It is impossible for landlords to raise rents when rent controls are in effect.
(B) In many municipalities rent-control ordinances are repealed as soon as shortages of rental unites arise.
(C) The only negative effect of tent control for renters is that it brings about a shortage of rental units.
(D) In many municipalities there is now, or eventually will be, a shortage of rental units.
(E) In the long term, a shortage of rental units will raise rents substantially.
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shaneforu
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11 Jun 2010, 12:13
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IMO B
A, C, D are extreme, with words impossible,Only, will be (respectively).
E is a tricky contender, it says shortage leads to rent control while actually it is rent control which leads to shortage of Units.
What is the OA?
A, C, D are extreme, with words impossible,Only, will be (respectively).
E is a tricky contender, it says shortage leads to rent control while actually it is rent control which leads to shortage of Units.
What is the OA?
11 Jun 2010, 12:25
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Unless they are used as strictly temporary measures, rent-control ordinances (municipal regulations placing limits on rent increases) have several negative effects for renters. One of these is that the controls will bring about a shortage of rental units. This disadvantage for renters occurs over the long run, but the advantage—smaller rent increases—occurs immediately. In many municipalities, specifically in all those where tenants of rent-control units have a secure hold on political power and can get rent-control ordinances enacted or repealed, it is invariably the desire for short-term gain that guides those tenants in the exercise of that power.
If the statements above are true, which one of the following can be properly inferred from them?
(A) It is impossible for landlords to raise rents when rent controls are in effect. - extreme - incorrect
(B) In many municipalities rent-control ordinances are repealed as soon as shortages of rental unites arise. - Correct - Tenants have a secure hold to enact or repeal the rent-control ordinances. Is is their desire to enact those ordinaces for short term gain. The short term gain will lead to the long run disadvantage of shortage of rental units for which the tenants have the secure hold to repeal the rent control ordinances.
(C) The only negative effect of tent control for renters is that it brings about a shortage of rental units. - incorrect. Argument says "rent-control ordinances have several negative effects for renters"
(D) In many municipalities there is now, or eventually will be, a shortage of rental units. - incorrect. we cannot say that.
(E) In the long term, a shortage of rental units will raise rents substantially. - incorrect. Nowhere the argument says this.
If the statements above are true, which one of the following can be properly inferred from them?
(A) It is impossible for landlords to raise rents when rent controls are in effect. - extreme - incorrect
(B) In many municipalities rent-control ordinances are repealed as soon as shortages of rental unites arise. - Correct - Tenants have a secure hold to enact or repeal the rent-control ordinances. Is is their desire to enact those ordinaces for short term gain. The short term gain will lead to the long run disadvantage of shortage of rental units for which the tenants have the secure hold to repeal the rent control ordinances.
(C) The only negative effect of tent control for renters is that it brings about a shortage of rental units. - incorrect. Argument says "rent-control ordinances have several negative effects for renters"
(D) In many municipalities there is now, or eventually will be, a shortage of rental units. - incorrect. we cannot say that.
(E) In the long term, a shortage of rental units will raise rents substantially. - incorrect. Nowhere the argument says this.
