For each question, select the best answer. Explain concisely why it is the best answer. Credit is given for the reasons, not just the correct answer.

3)Prohibiting the affordable housing lottery winners from subletting their apartments . . . A. Essentially makes the policy an in-kind program like food stamps.

B) Always raises utility of lottery winners compared to a policy where they can sublet some or all of the time.

C) Insures that the economic inefficiency from an affordable housing policy is minimized. D. Insures that they are not able to use their good luck to exploit others' misfortune.

E) A and B. 

• The correct answer is E, choice A&B

Step-by-step explanation

• Prohibiting the affordable housing lottery winners from subletting their apartments is essentially makes the policy an in-kind program like food stamps, besides it Always raises the utility of lottery winners compared to a policy where they can sublet some or all of the time. For many people living in New York, winning the affordable housing lottery is similar to winning the actual lottery. Finding a low-cost apartment is not easy however lottery winners who engaging in subletting apartments may get in trouble and could end up damaging their business. Subletting of apartments is a criminal offense that is punishable through the payment of hefty fines. or prison.