Suppose a person earns $500 a month. A social assistance program with a grant amount of $1,000 a month and a clawback of 90% is implemented. What would be the payment the person receives from the program and what's the total amount of money they person will have to their disposal? The payment from the assistance program is $450 and the total amount of money the person has to their disposal is $950. The payment from the assistance program is $550 and the total amount of money the person has to their disposal is $1000. The payment from the assistance program is $550 and the total amount of money the person has to their disposal is $1050.
Suppose a person earns $500 a month. A social assistance program with a grant amount of $1,000 a month and a clawback of 90% is implemented. What would be the payment the person receives from the program and what's the total amount of money they person will have to their disposal? The payment from the assistance program is $450 and the total amount of money the person has to their disposal is $950. The payment from the assistance program is $550 and the total amount of money the person has to their disposal is $1000. The payment from the assistance program is $550 and the total amount of money the person has to their disposal is $1050.
Chapter33: Income, Income Distribution, And Poverty
Section: Chapter Questions
Problem 11E: What is the difference between in-kind and cash transfers? Winch might increase the utility of the...
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