Evaluate this sentence, "The best way to get rid of poverty is to increase government expenditures on welfare programs."
A) This sentence is inherently true. By providing the poor with more money they will no longer remain in poverty.
B) This sentence is true. Everyone would be better off if we increased government transfer programs.
C) This sentence is false. Increasing transfer benefits like welfare will lower the opportunity cost of making decisions that can lead to poverty
D) This sentence is false. Increasing government expenditures will only be harmful to those in poverty.
Correct Answer:
Verified
Q52: How do the high implicit marginal tax
Q70: The poverty threshold income level is
A) adjusted
Q90: In the United States the degree of
Q98: When there is only a weak link
Q105: Assume that Peter is a single parent
Q106: "There is considerable movement up and down
Q108: Since 1970, income inequality in the United
Q109: If a family earned an additional $6,000
Q111: Imagine two countries, Lebos and Egap, that
Q113: Data on income inequality in the United
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents