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Potential unintended consequences

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Using correct economic terms and rationale discuss some of the potential unintended consequences if we were to implement a program similar to Cash for Clunkers in the housing market (I.e. If your house is old and not very energy efficient the government will give you $20,000 towards the purchase of a newer, more energy efficient home; your existing house will be demolished.

Reference no: EM133131566

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