Early experiments with unconditional cash transfers have revealed that
A)most of these cash transfers are repaid within a very short time.
B)although the money is usually spent on education and capital, cultural obstacles generally prevent this spending from translating into long-term earnings gains.
C)a majority of recipients use the money for training and equipment that results in a higher long-term income.
D)most recipients spend the money on current consumption and realize no long-term gain in earning power.

Question

Quizplus · Accepted Answer

Early experiments with unconditional cash transfers have shown that a majority of recipients invest in training and equipment, which often leads to increased long-term income. This contradicts common concerns that such cash would be wasted on non-productive expenses.

Early Experiments with Unconditional Cash Transfers Have Revealed That