An Example of an In-Kind Transfer to the Poor Is

question 172

Multiple Choice

An example of an in-kind transfer to the poor is

• A)the negative income tax.
• B)the Earned Income Tax Credit (EITC).
• C)Medicaid.
• D)Temporary Assistance for Needy Families (TANF).

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Definitions:

Convenience Product

Goods or services that are readily available to consumers and require minimal effort to purchase, such as everyday household items.

Unsought Product

Describes goods or services that consumers do not actively seek out or necessarily think of buying until a specific need arises or they are directly marketed to.

Convenience Product

A consumer product that is widely available and easy to purchase, typically characterized by frequent purchase with minimal buying effort and comparison.

Lay's Potato Chips

A popular brand of potato chips known for their variety of flavors, owned by the Frito-Lay company.