4.6 Federal housing assistance programs provide allowances that can be spent only on housing. Several empirical studies

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4.6 Federal housing assistance programs provide allowances that can be spent only on housing. Several empirical studies find that recipients increase their non-housing expenditures by 10% to 20%

(Harkness and Newman, 2003). Show that recipients might—but do not necessarily—increase their spending on non-housing, depending on their tastes.

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Microeconomics With Calculus

ISBN: 9780273789987

3rd Global Edition

Authors: Jeffrey M. Perloff

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