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Question
Why are job training programs a better tool to combat poverty than cash or in-kind transfer programs?
a. Of the factors that lead to income inequality, training and education is the only one that individuals have any direct control over.
b. They arent; job training does nothing to satisfy individual needs for survival.
c. Cash transfers force individuals to pay income taxes, and taxing the poor only perpetuates poverty.
d. In-kind transfer programs can be abused and may fuel a persons gambling, drug, or drinking habit.
e. Job training leads to greater employability, and as hours worked and pay increases, the Earned Income Tax Credit continues to grow.
Answer
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Related questions
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What is the long-run consequence of a price ceiling law?
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b. A surplus will continue to exist and will grow smaller over time.
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Suppose Solomon lives in a community with no price controls. What do you expect will happen if his town borders a community where there is a binding price ceiling on most products?
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a. Demand for jelly will increase along with the price.
b. Demand for jelly will decrease along with the price.
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