If increasing the utility of the transfer recipient is the only criterion cared about, then _____
a. a cash payment will usual be preferred to an in-kind payment
b. an in-kind payment will usually be preferred to a cash payment
c. a cash payment and in-kind payment are always equal
d. an in-kind payment will always be preferred to a cash payment
a
You might also like to view...
A single-price monopolist
A) sets its price where its demand is inelastic. B) can always increase its profits by increasing its price. C) has its marginal revenue less than its price. D) is guaranteed an economic profit.
Suppose scientists provide evidence that people who drink energy drinks are more likely to have a heart attack than people who do not drink energy drinks. We would expect to see
a. no change in the demand for energy drinks. b. a decrease in the demand for energy drinks. c. an increase in the demand for energy drinks. d. a decrease in the supply of energy drinks.
In 2011, the federal government spent 9 percent of the budget on net interest. Which of the following statements regarding net interest is correct?
a. If the government pays down its debt, the amount of the budget needed for net interest decreases. b. If the government accrues more debt, the amount of the budget needed for net interest increases. c. In 2011, the federal government spent 325 billion dollars to cover interest payments on its loans. d. All of the above are correct.
If Y = $100 billion, then C = $50 billion, and I = $60 billion. What will autonomous investment be when Y = $200 billion and C = $100 billion?
A. $50 billion B. $60 billion C. $100 billion D. $120 billion