1) are prices usually higher or lower in low-income neighborhoods? consider the interest rates on loans and the costs of cashing paychecks in your answer.

2) when government institution /program produces counterproductive results, is that necessarily a sign of irrationality or incompetence by the leaders / managers of those institutions / program? use examples to explain.

3) we all consider some things more important than others. why then can there be a problem when some official government policy establishes. "National priorities"?

4) explain the difference between incentives and goals.

reference: -

1) BASIC ECONOMICS BY THOMAS SOWELL (CHAPTER 4)