Assume that increasing the utility of the transfer recipient is the only criterion cared about.When comparing a cash transfer payment to an in-kind payment of an equal value it is clear that _____.
A) the recipient is always better off with a cash transfer
B) the recipient is never worse off with a cash transfer
C) the two are identical
D) the recipient would prefer an in-kind payment if legally possible
Correct Answer:
Verified
Q5: If increasing the utility of the transfer
Q6: The food stamp program was started to
Q7: The Earned Income Tax Credit was created
Q8: People on welfare often face the highest
Q9: Cash payments are generally preferable to in-kind
Q11: Food stamps are _.
A)financed by the federal
Q12: An advantage of a negative income tax
Q13: In-kind transfer payments are _.
A)efficient
B)popular with recipients
C)paternalistic
D)a
Q14: One advantage of a negative income tax
Q15: In-kind transfers can be justified over cash
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