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:

Delay Gratification

The capacity to forgo an instant gratification in favor of receiving a reward at a future time.

Standardized Tests

Examinations designed to measure a test-taker's knowledge, skills, or abilities in a consistent manner, comparing across different individuals or groups.

Two Cookies

This is not a recognized key term within academic or professional contexts.

Delay Gratification

The ability to resist the temptation for an immediate reward and wait for a later reward.