The direct transfer of goods and services rather than cash is known as
A. Poverty support.
B. In-kind transfers.
C. Welfare income.
D. Transfer payments.
Answer: B
Economics
You might also like to view...
Suppose the market clearing price is $20 and the price ceiling is $15. The price that prevails in the market will be
A) $20. B) $15. C) less than $15. D) $0.
Economics
Refer to the table. If each of the 100 firms in the industry is maximizing its profit, each must have a marginal cost of:
A. $5.
B. $4.
C. $3.
D. $2.
Economics