In-kind transfers include housing subsidies and food stamps.

Answer the following statement true (T) or false (F)

True

In-kind transfers are direct transfers of goods and services rather than cash, such as food stamps, Medicaid benefits, and housing subsidies.

Economics

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All else equal, an increase in demand will always increase consumer surplus

a. True b. False Indicate whether the statement is true or false

Economics

Occurs whenever the quantity supplied is greater than the quantity demanded

What will be an ideal response?

Economics