Which Statement About the Subsidy for Home Ownership Is TRUE

question 6

Multiple Choice

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.

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