The Argument That Money Should Be Given Instead of In-Kind

question 147

Multiple Choice

The argument that money should be given instead of in-kind help to welfare recipients is based on the idea that

• A)welfare recipients cannot be trusted to use the in-kind help properly.
• B)in-kind help is not wanted.
• C)money allows more options and maximizes individual freedom.
• D)in-kind assistance does not go through the market system.

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Definitions:

Expansionary Monetary

Refers to a policy aimed at increasing the money supply in order to stimulate economic activity, typically adopted by a central bank to foster economic growth.

Natural Rate

The natural rate often refers to the natural rate of unemployment, which is the level of unemployment consistent with sustainable economic growth, not accelerated by inflation.

Unexpectedly High

A level or measure that exceeds what was anticipated or forecasted.