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4. For each of the cases below, what difference does it make if poor individuals own OR rent their houses? a. A government regulation that

4. For each of the cases below, what difference does it make if poor individuals own OR rent their houses? a. A government regulation that reduces the allowable level of noise for aircraft. (Assume that those who live in the neighborhood of the airport are relatively poor.) (2 points) b. A subway line intended to make it less expensive for those in low-income neighborhoods to get to jobs in the city center. (2 points) c. The Musaffo zamin program is intended to clean up toxic waste sites. Currently, a disproportionate number of poor people live near toxic waste sites. (2 points) If you wish to incorporate the distributional consequences into the cost-benefit analysis of the above policies and programs, how might you do so? (4 points)

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