All of the Following Describe a Demogrant Except

question 20

Multiple Choice

All of the following describe a demogrant except:

• A) an income grant to a specific demographic group
• B) a lump-sum transfer
• C) A grant whose amount varies with the worker's wage
• D) the simplest income maintenance program
• E) A demogrant shifts the potential income constraint vertically upward by the amount of the grant.

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Definitions:

Marketing Channel

A path or route through which goods or services flow from the producer to the consumer.

Channel Functions

Activities that enable the transfer of goods from the producer to the consumer, including physical distribution, financing, and information sharing.

Perishability

A characteristic of services indicating that they cannot be stored for future use and their value vanishes if not consumed within a particular period.

Service Capacity

The maximum output or amount of service that can be provided by a business in a given period.