In-kind assistance programs are direct transfers of goods and services to the poor
Indicate whether the statement is true or false
T
You might also like to view...
An undervalued domestic currency:
A) harms all the economic agents in the country. B) benefits all the economic agents in the country C) makes imports more expensive for domestic consumers. D) can be achieved by buying the domestic currency.
Refer to the figure above. What is the market-wide consumer surplus when the market price of wine is $9?
A) $180,000 B) $90,000 C) $60,000 D) $210,000
Which of the following is a difference between net domestic product (NDP) and gross domestic product (GDP)? a. GDP includes the cost of polluting the environment, while NDP does not
b. GDP excludes net taxes, while NDP includes it. c. GDP excludes that part of the capital stock used up in the production process, while NDP includes it. d. GDP includes all government spending, while NDP excludes government spending. e. GDP includes that part of the capital stock used up in the production process, while NDP does not.
The existence of income transfer programs indicates that government failure has occurred.
Answer the following statement true (T) or false (F)