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Transfer Payments: Welfare and Social Security

Link: 
McGraw Hill
Screenshot: 
http://www.mcgrawhill.com/
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Files: 
application/vnd.ms-powerpoint icon
Chapter_34.ppt

 

 

  • - Know the impact of transfer payments in the United States.
  •  
  • - Be able to distinguish between cash transfers and "in-kind" transfers.
  •  
  • - Understand the role of human capital and derived demand in the poverty dilemma.
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  • - Know what the basic government welfare programs are, which level of government administers them, and who is eligible for the various programs.
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  • - Be able to describe the work disincentive that results from the welfare program and Social Security.
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  • - Understand how welfare eligibility changes as income increases.
  •  
  • - Be able to describe how a welfare recipient's real income changes as money income increases.
  •  
  • - Know some of the recent initiatives to reform the welfare system and Social Security.

 

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