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Unformatted text preview: thought. An example of marginal costs would be looking at buying a house that is under 50 dollars per square foot, if you find a house that is even better for 55 dollars per square foot; the five extra dollars would be the marginal cost. Removal of the tax reduction of mortgage interest raises overall taxes on a home purchases, limiting people to buying houses in a lower price range and tax bracket. Government spending would also affect my decision because the more they spend, the more they take from taxes and the higher the interest rates go, plain and simple. I am one of the rare people actually looking to purchase a home for my family, and have done plenty of research that has made me decide on a certain budget and home worth....
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This note was uploaded on 12/18/2011 for the course PSY 201 taught by Professor Richardkirkmiller during the Winter '10 term at University of Phoenix.
- Winter '10