Discuss the consequences for familys expenditure on medicine


Problem

Several different proposals have been put forward concerning how housing subsidies should be provided. Discuss the merits of:

a. The government's paying a given fraction of the family's housing expenditures, up to some maximum, with the percentage depending on the family's income

b. The government's paying a fixed dollar amount of housing allowance, the amount depending on the family's income In both cases, discuss the consequences for the family's expenditures on medicine; on food.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Discuss the consequences for familys expenditure on medicine
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