Which of the Following Was Cited by Dobelstein Regarding Benefits

question 23

Multiple Choice

Which of the following was cited by Dobelstein regarding benefits to people living in poverty?

• A)The share of cash expenditures as a portion of all income-maintenance expenditures has been increasing over the past 25 years.
• B)The total federal government spending for all social programs, including cash and in-kind programs, is not enough to raise the poor above the present poverty line.
• C)If the government would divert the money it spends on in-kind benefits to providing cash directly, it would spend no more and possibly spend less.
• D)If the share of in-kind benefits as a portion of all income-maintenance expenditures increases, it is possible to raise the poor above the present poverty line.

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Definitions:

Reserve Requirements

Central bank regulations setting the minimum amount of reserves that must be held by a commercial bank.

Discount Rate

The interest rate charged to commercial banks and other financial institutions for loans received from the Federal Reserve's discount window.

Federal Reserve

The Federal Reserve is the central banking system of the United States, responsible for monetary policy, regulating banks, maintaining financial stability, and providing financial services.

Double Coincidence of Wants

A situation in barter economies where two parties each hold an item the other wants, making it possible for them to exchange these items directly.