Which of the Following Is an Advantage of an In-Kind

question 377

Multiple Choice

Which of the following is an advantage of an in-kind transfer in comparison to a cash payment?

• A)In-kind transfers cost less to administer than cash transfers.
• B)In-kind transfers restrict the use of the benefit; thus, recipients receive necessities such as food and health care.
• C)In-kind transfers are more efficient than cash transfers.
• D)In-kind transfers give the recipient more utility than cash transfers.

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Definitions:

Total Product Schedule

A table or graph that shows the output produced by a firm with different quantities of variable input, holding all other inputs constant.

Market Wage Rate

The prevailing rate of pay for given types of labor in the market, determined by supply and demand.

Product Price

The amount of money required to purchase a good or service, often influenced by cost of production, competition, and demand factors.

Projected

An estimate or forecast of future values, volumes, or events based on current data and trends.