PLEASE ANSWER E &F

2. The Price Effects of Vouchers and Recipient Welfare: Using Figure 2 as a starting point ( v is the youcher point and j is the public-housing point), suppose the $300 program increases the price of housing, from $1 to $1.50 per unit of housing. Complete the graph with all the missing numbers. a) Draw the voucher budget line with a housing price of $1.50. b) For a household that chooses 300 units of housing service, its spending on all other goods is , computed as... c) The slope of the budget line is if vouchers don't affect housing prices. per unit of housing, compared to d) Given the price effects of a voucher program, the typical recipient would be [better, worse] off with public housing because... c) Vouchers will be better if the price elasticity of supply of housing is a [large, small] number. f) Subsidized public housing will be better if the price elasticity of supply of housing is a [large, small] number