(Last Word) Early Experiments with Unconditional Cash Transfers Have Revealed

question 245

Multiple Choice

(Last Word) Early experiments with unconditional cash transfers have revealed that

• A) most of these cash transfers are repaid within a very short time.
• B) although the money is usually spent on education and capital, cultural obstacles generally prevent this spending from translating into long-term earnings gains.
• C) a majority of recipients use the money for training and equipment that results in a higher long-term income.
• D) most recipients spend the money on current consumption and realize no long-term gain in earning power.

---

Definitions:

John Locke

A 17th-century English philosopher and thinker who laid much of the groundwork for the Enlightenment and contributed to the development of political philosophy, particularly regarding liberalism and social contract theory.

Legal Sanction

Official approval or penalty for conduct enforced by a legal authority.

Massachusetts Bay

An inlet of the Atlantic Ocean and a key location of early English settlements in North America, notably the Massachusetts Bay Colony founded in 1630.

Native Americans

The indigenous peoples of the Americas, encompassing a wide range of tribes, cultures, and languages existing prior to European colonization.