Asked by
Hannah Turner
on Oct 26, 2024Verified
The provision of specific goods and services (rather than cash) to needy people by way of welfare programs is:
A) the income effect.
B) the wealth effect.
C) in-kind benefits.
D) Rawlsian assistance.
In-kind Benefits
Goods and services provided directly to individuals by governments or organizations instead of cash payments.
Welfare Programs
Governmental initiatives designed to assist the needy in society by providing financial aid, food, housing, and healthcare.
Specific Goods
Specific goods are items that are distinctly identified or unique, often characterized by specific attributes, brands, or quality that differentiate them from general goods.
- Examine the outcomes of welfare projects and their guidelines, incorporating means-tested and in-kind rewards.
Verified Answer
DD
Learning Objectives
- Examine the outcomes of welfare projects and their guidelines, incorporating means-tested and in-kind rewards.