Why Are Job Training Programs a Better Tool to Combat

question 161

Multiple Choice

Why are job training programs a better tool to combat poverty than cash or in-kind transfer programs?

• A) Of the factors that lead to income inequality,training and education is the only one that individuals have any direct control over.
• B) They aren't; job training does nothing to satisfy individual needs for survival.
• C) Cash transfers force individuals to pay income taxes,and taxing the poor only perpetuates poverty.
• D) In-kind transfer programs can be abused and may fuel a person's gambling,drug,or drinking habit.
• E) Job training leads to greater employability,and as hours worked and pay increases,the Earned Income Tax Credit continues to grow.

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A feature of certain securities that allows the holder to convert them into a different type of security, typically shares of the issuing company's stock.

Market Value Method

An accounting approach that values and records assets and liabilities based on their current market prices.

Book Value Method

A method of accounting that determines an asset's value based on its original cost minus any depreciation, amortization, or impairment costs.

Incremental Interest Rate

The interest rate used for calculating the present value of future cash flows that differ from the interest rate in the original contract.