Monetary policy via interest rates changes is a blunt instrument, disproportionately affecting access to finance for some groups such as first home owners (FHOs). Related to that discussion, Federal and many state governments have policies to expand FHO access to housing, providing a grant of $7,000 for the purchase of first home. Is this an effective policy to expand housing access? ( Write 100-200 words to answer this question)

Monetary policy via interest rates changes is a blunt instrument, disproportionately affecting access to finance for some groups such as first home owners (FHOs). Related to that discussion, Federal and many state governments have policies to expand FHO access to housing, providing a grant of $7,000 for the purchase of first home. Is this an effective policy to expand housing access? ( Write 100-200 words to answer this question)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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