New york city rent stabilization law

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Reference no: EM138301

Q1. Americans already enjoy living standards that far exceed world averages. Do we have enough? Should we even try to produce more?

2. Explain how might the following government interventions affect a economic growth: (a) Mandatory school attendance (b) High income taxes (c) copyright and patent protection (c) political corruption.

Q2. The New York City rent stabilization law of 1969 established maximum rental rates for apartments in New York City Explain how such controls can lead to lacking, mainly in long run moreover other economic costs. Deposit disadvantages, why does rent control remain popular?

Reference no: EM138301

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