Rent subsidies and wage subsidies are better than price controls at helping the poor because they have no costs associated with them.

Question

Quizplus · Accepted Answer

Rent subsidies and wage subsidies, while potentially more targeted and efficient in helping the poor, still involve costs such as administrative expenses and potential market distortions, unlike the claim that they have no costs associated with them.

Rent Subsidies and Wage Subsidies Are Better Than Price Controls