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 113 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?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

For a complete list of videos, visit our video library