Which statement about the subsidy for home ownership is TRUE?
A) The subsidy mechanism is a tax credit for those who have purchased their home.
B) The subsidy is consistent with the Haig-Simons definition of income.
C) Empirical research shows that the subsidy causes more people to buy homes.
D) The current U.S.tax system does not include the rental value of one's home in taxable income.
Correct Answer:
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