What kind of argument based on asymmetric information could


The government can help those people most in need by either giving them cash or providing free meals. What is the argument for giving cash? What kind of argument based on asymmetric information could support the claim that free meals (an in-kind transfer) are better than the cash handout? Can such an argument apply to free education?

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Econometrics: What kind of argument based on asymmetric information could
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