Select the term that matches this definition: A lump sum of money which can be put towards one specific good.

a. Buy One, Get One Free Deal
b. Voucher
c. Cash Transfer
d. In-kind transfer
e. Standard Gamble


Answer:
b. Voucher
d. In-kind transfer

Economics

You might also like to view...

What are three major ways that corporations can cope with the principal-agent problem?

What will be an ideal response?

Economics

Because the United States was the reserve-currency country under the Bretton Woods system, it could run large balance of payments ________ without ________ significant amounts of international reserves

A) deficits; losing B) deficits; gaining C) surpluses; losing D) surpluses; gaining

Economics

The proportion of the adult population that is employed is the:

A. Unemployment rate. B. Employment rate. C. GDP per capita. D. Productivity rate.

Economics

Which one of the following terms of trade is most likely to produce mutually-beneficial exchange between the two nations?

If Nations Quirk and Turk only produce aluminum or oil, the table below shows the maximum output of each nation:



A. 0.5 unit of oil for 1 unit of aluminum
B. 0.5 unit of oil for 2 units of aluminum
C. 1 unit of oil for 0.4 unit of aluminum
D. 1 unit of oil for 4 units of aluminum

Economics