Question: 4.For each of the cases below, what difference does it make if poor individuals own OR rent their houses? a.A government regulation that reduces the

4.For each of the cases below, what difference does it make if poor individuals own OR rent their houses?

a.A government regulation that reduces the allowable level of noise for aircraft. (Assume that those who live in the neighborhood of the airport are relatively poor.)(2 points)

b.A subway line intended to make it less expensive for those in low-income neighborhoods to get to jobs in thecitycenter.(2 points)

c.TheMusaffozaminprogram is intended to clean up toxic waste sites. Currently, a disproportionate number of poor people live near toxic waste sites.(2 points)

If you wish to incorporate the distributional consequences into the cost-benefit analysis of the above policies and programs, how might you do so?(4 points)

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