food stamps are coupons that can be used to purchase food items from retail stor

Question

food stamps are coupons that can be used to purchase food items from retail stores. the government is deciding to replace the food stamp program with a comparable cash subsidy system. the proposed cash subsidy policy allows individuals to receive monetary subsity equal to the same value as the food stamp they would have recieved but they are not limited to purchasing only food. they purchase other items using this subsidy. would a switch to a comparable cash subsity program increase the well-being of food stamp recipients? Discuss your answer. Use a graphical model.

Explanation / Answer

Yes, as it increases the scope of purchasing out of many other alternatives also for the recipients. Please consider the time devoted to make this reply by rating this as 5star. Thank u in advance. God bless u :)

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