As long as the amount of food stamps an individual receives is less than they would have spent on food without the food stamps, the food stamps act like a straight income transfer

a. True b. False

a

Economics

You might also like to view...

The decline in net worth that can result from an unanticipated decline in the price level is known as ________

A) a credit boom B) deleveraging C) a debt deflation D) federal funds rationing

Economics

Exchange rate crises are only associated with fixed exchange rate systems

Indicate whether the statement is true or false

Economics