Many economists conclude that in-kind income programs have served to reduce levels of inequality significantly from the levels suggested by aggregate income statistics.

Question

Quizplus · Accepted Answer

In-kind income programs, such as food stamps and housing subsidies, provide assistance to low-income individuals and families in the form of goods or services rather than cash. While these programs are not reflected in aggregate income statistics, they have been shown to have a significant impact on reducing inequality by providing basic necessities to those in need. Therefore, many economists conclude that in-kind income programs have helped to reduce levels of inequality.

Many Economists Conclude That In-Kind Income Programs Have Served to Reduce