Asked by Furqaan Sayed on Jul 07, 2024
Verified
Government vouchers to purchase food, also known as food stamps, are an example of
A) an in-kind transfer.
B) life-cycle income.
C) a negative income tax.
D) permanent income.
Government Vouchers
Government vouchers are certificates issued by the government that can be used as payment for certain goods or services, often part of social or educational programs.
In-Kind Transfer
A form of payment made in goods and services rather than in cash to beneficiaries, often used in social programs.
Negative Income Tax
A proposed form of social assistance that provides income support by giving individuals a guaranteed minimum income, with payments decreasing as the recipient's income rises.
- Identify different types of government assistance programs and their objectives.
Verified Answer
Learning Objectives
- Identify different types of government assistance programs and their objectives.
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