9. The government is considering two ways to help the needy: giving them cash, or giving them...
Question:
9. The government is considering two ways to help the needy:
giving them cash, or giving them free meals at soup kitchens.
Give an argument for giving cash. Give an argument, based on asymmetric information, for why the soup kitchen may be better than the cash handout.
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Related Book For 
Business Economics
ISBN: 388402
2nd Edition
Authors: Mark P. Taylor, Andrew Ashwin, N. Gregory Mankiw
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