Suppose that someone owns outright a house whose current market value is $100,000. If this person told

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Suppose that someone owns outright a house whose current market value is $100,000. If this person told you that he lived "rent free," what might you tell him to correct his delusion?

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Intermediate Microeconomics

ISBN: 9780155414969

1st Edition

Authors: Robert W. Clower, Philip E. Graves

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