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Housing subsidies for low-income households
A) represent a cash transfer.
B) are a part of the U.S. social insurance programs.
C) represent a noncash transfer.
D) conflict with the leaky-bucket analogy.
Housing Subsidies
Financial assistance provided by a government or organization to help individuals or families afford housing, typically to reduce housing expenses to a manageable level.
Low-Income Households
Low-income households are those whose total income falls below a certain threshold, designated by governmental policies, indicating they earn significantly less than the country's median or average household income.
- Recognize the implications of certain policies on income distribution and inequality.
- Assess the impact of cash and noncash transfers on the distribution of income.
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Learning Objectives
- Recognize the implications of certain policies on income distribution and inequality.
- Assess the impact of cash and noncash transfers on the distribution of income.
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