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Question 3 (8 points) The income freeze as a result of COVID-19 shows that in a certain EU country renting a house offers relatively little

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Question 3 (8 points) The income freeze as a result of COVID-19 shows that in a certain EU country renting a house offers relatively little benefit to people with low incomes. They are in danger of being oppressed. The government uses the following supply and demand function: Q1=-0,5P + 8 Q. = P-2 Without housing subsidy, the demand function would take the following form: Q.=-0,5P+7 At which: Of' = demand for rental housing with subsidy (x 100.000) Qa = demand for rental housing without subsidy (x 100.000) Q, = supply of rental houses (x 100.000) P = rent per month (x 6 100) Each tenant receives the same housing benefit. 3a. Determine the amount of the subsidy per month (1 point). Rent allowance (subsidy) changes tenants' willingness to pay. In addition, the housing benefit appears to unintentionally lead to an increase in the income of landlords. b. Calculate what percentage of the rent allowance per home is beneficial to the landlords (2 points). C. Show by graph, the effect of the housing subsidy (winners and losers = effects on surplusses (5 points)

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