This topic contains a solution. Click here to go to the answer

Author Question: What is the relationship between food stamps and cash transfer payments? When, if ever, are they ... (Read 86 times)

Bernana

  • Hero Member
  • *****
  • Posts: 530
What is the relationship between food stamps and cash transfer payments? When, if ever, are they equivalent? When, if ever, might they diverge?
 
  What will be an ideal response?

Question 2

Which of the following does NOT represent a possible shape of the long-run average cost curve?
 
  A) downward sloping
  B) upward sloping
  C) U-shaped
  D) vertical



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

l.stuut

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

Food stamps are equivalent to cash transfer payments in situations where recipients would have spent that much on food anyway had they been given cash. Food stamps are no longer equivalent to cash transfer payments for those individuals who receive more food stamps then they need to meet their food budget. In those situations, individuals are worse off because they would rather have cash to spend on all other goods.

Answer to Question 2

D





 

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

For a complete list of videos, visit our video library