The topping- up mechanism:
A)is not unlike the welfare system present in western economies.
B)does not apply to emerging market economies.
C)focuses on utility levels, not income levels.
D)can hardly be considered an income- maintenance program.

Question

Quizplus · Accepted Answer

The topping-up mechanism is a system in which the government provides financial assistance to low-income individuals and families to help them meet their basic needs. This is similar to the welfare system present in western economies, which also provides financial assistance to low-income individuals and families.

The Topping- Up Mechanism