Which Statement(s) Is TRUE

Which statement(s) is TRUE?
I. In the long run, rent-control laws create incentives to turn apartments into hotels or parking garages.
II. Apartment owners are less likely to do routine maintenance when the government controls apartment rents.
III. Rent-controlled apartments are more likely to be allocated by discrimination than non-rent-controlled apartments.

A) I, II, and III
B) I and II
C) I only
D) II only

Correct Answer:

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