Asked by MIRTEMUR SHAKIROV on May 12, 2024
Verified
"In-kind" rather than cash transfer payments are represented by
A) public assistance payments.
B) unemployment insurance benefits.
C) social Security benefits.
D) the negative income tax.
E) food stamps.
In-Kind Transfer
A form of payment made in goods, services, or other non-monetary form instead of cash.
Food Stamps
A government-funded program in the United States that provides low-income individuals and families with funds to purchase food to ensure nutritional standards are met.
Public Assistance
Government programs designed to provide financial aid to individuals in need, aiming to support those who are unable to support themselves financially.
- Gain insights into how various public assistance programs and non-monetary benefits influence statistics on poverty.
Verified Answer
KM
Krystle MurrayMay 18, 2024
Final Answer :
E
Explanation :
In-kind transfer payments are those that provide a specific good or service, rather than cash. Food stamps are an example of such a payment, as they provide assistance with purchasing food rather than giving individuals cash. Public assistance payments, unemployment insurance benefits, social security benefits, and the negative income tax are all examples of cash transfer payments.
Learning Objectives
- Gain insights into how various public assistance programs and non-monetary benefits influence statistics on poverty.