Louisiana State University, Shreveport ECON ECON 400 Suppose a hurricane came through and caused sever devastation to your area, and GLO operated under a basic rule which stated that it would onl
area, and GLO operated under a basic rule which stated that it would only provide funds to rebuild homes with no more bedrooms than the number of people who lived in them. Suppose local residents complained that even though they has been promised funds to rebuild their home, they would not be able to rebuild the home they had. If you were the GLO commissioner, what decision would you make in response to a petition to waive the one-bedroom per person rule?
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