Pure Market Solution
what is "government could introduce mean-tested subsidies to increase participation ratios" ?
I dont quite get it from the source text
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what is "government could introduce mean-tested subsidies to increase participation ratios" ?
I dont quite get it from the source text
Comments
Kind of means that the government provides assistance to homeowners who would have to pay exorbitant premiums because their houses are in a flood plain. Could be done using vouchers, tax rebates, etc.