If welfare benefits equaled the poverty gap for each household in poverty,then

Name: If welfare benefits equaled the poverty gap for each household in poverty,then
Brand: Quizplus
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Question

Quizplus · Accepted Answer

If welfare benefits were exactly equal to the poverty gap for each household, it would mean that the financial shortfall that defines their poverty would be directly addressed, effectively lifting those households out of poverty. However, this does not necessarily imply changes in work effort, production possibilities, or the mix of output.

If Welfare Benefits Equaled the Poverty Gap for Each Household