Economics of Macro Issues 7th Edition by Roger LeRoy Miller,Daniel Benjamin

Exercise 6

Consider three alternative ways of helping people at the bon,™ o the income distribution obtain better housing: (i) government-subsidized housing that costs $6,000 per year(ii) a housing voucher worth $6,000 per year toward rent on an apartment or a house, or a house, or (iii) $6,000 per year in cash. Which would you prefer if you were poor. On what grounds might you make your decision?