If the official U.S.poverty statistics included the effect of in-kind transfer payments,_____
A)the poverty rate would be higher.
B)the poverty rate would be lower.
C)the unemployment rate would be lower.
D)the unemployment rate would be higher.
E)the top 10 percent of the population would be wealthier.

Question

Quizplus · Accepted Answer

In-kind transfer payments refer to non-cash benefits such as food stamps, housing subsidies, and healthcare assistance. Including the effect of these payments in official poverty statistics would decrease the poverty rate because they provide resources and support that are not captured by income alone. Therefore, B is the correct choice. The unemployment rate is not relevant to this question, and the top 10 percent of the population is unrelated to poverty statistics.

If the Official U