In-kind transfers can be justified over cash transfers on the grounds that _____
a. they give the recipients higher utility
b. they have lower administrative costs
c. they are more equitable than in-kind transfers
d. taxpayers prefer them
d
Economics
You might also like to view...
According to the liquidity premium theory of the term structure, a slightly upward sloping yield curve indicates that short-term interest rates are expected to
A) rise in the future. B) remain unchanged in the future. C) decline moderately in the future. D) decline sharply in the future.
Economics
A straight-line demand curve has the same elasticity throughout its length
a. True b. False Indicate whether the statement is true or false
Economics