Economics 9708 · AS & A Level · Short-run costs

Short-run costs — practice question

The table sets out a comparison of some of the properties of universal benefits and means tested benefits. Which pairing is correct?

  • Auniversal benefits: greater disincentive effects; means tested benefits: targeted at those most in need
  • Buniversal benefits: higher take-up rate; means tested benefits: more expensive
  • Cuniversal benefits: more expensive; means tested benefits: greater disincentive effects
  • Duniversal benefits: targeted at those most in need; means tested benefits: higher take-up rate

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