Why does the government provide benefits in-kind? Why don't we just give money to low-income people?

Benefits in-kind address the paternal aspects of government. The government's general policy is to provide food, shelter, health care, etc. to low-income people and not money, so people can purchase these items themselves. There is a suspicion that these individuals would not use the money to purchase items that they should value and instead would buy items they should value less.

Economics

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The above figure illustrates a perfectly competitive firm. Curve A represents the

A) MR curve. B) ATC curve. C) MC curve. D) AVC curve. E) AFC curve.

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Depository institutions are good at minimizing

A) the costs of monitoring borrowers. B) risky borrowers. C) liquidity. D) all of the above.

Economics