« previous next »

Author Question: Explain why distributing 500 worth of food stamps to someone is not the same thing economically ... (Read 27 times)

jhjkgdfhk

  • Hero Member
  • *****
  • Posts: 569
on: Jun 29, 2018
Explain why distributing 500 worth of food stamps to someone is not the same thing economically speaking as giving them 500 in cash? Why might the cash option make the poor better off than food stamps?
 
  What will be an ideal response?

Question 2

How does an increase in the budget deficit affect the demand for dollars and the supply of dollars on the foreign exchange market?
 
  A) The demand for dollars rises, and the supply of dollars rises.
  B) The demand for dollars rises, and the supply of dollars falls.
  C) The demand for dollars falls, and the supply of dollars rises.
  D) The demand for dollars falls, and the supply of dollars falls.


bd5255

  • Sr. Member
  • ****
  • Posts: 386
Reply #1 on: Jun 29, 2018
Answer to Question 1

Food stamps can only be used for purchasing for food. Giving someone cash would allow them to spend money on other things as well. It may very well be that there are other expenditure items in the budget of some of the poor that have a higher priority and utility than food like heating oil, electricity, clothes or insurance. Cash allows them to spend more money on these items.

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Food-conducting cells of the phloem. Food-conducting cells of the phloem.
Food Digestion Steps Food Digestion Steps
The Police - Every Little Thing She Does Is Magic The Police - Every Little Thing She Does Is Magic
Hormones Regulate Digestion, Enzymes Chemically Digest Food, and Bile Aids in Fat Hormones Regulate Digestion, Enzymes Chemically Digest Food, and Bile Aids in Fat
Spectrum of Food Security Food insecurity and hunger are points along the continuum Spectrum of Food Security Food insecurity and hunger are points along the continuum
Immune Response to a Food Allergen Immune Response to a Food Allergen
Video: HIV replication/ Replication cycle of HIV

For a complete list of videos, visit our video library