With respect to the utility of the consumer, an in-kind transfer can be equivalent to a cash transfer.

Question

Quizplus · Accepted Answer

An in-kind transfer provides goods or services directly to the consumer, rather than cash. However, if the in-kind transfer meets the consumer's needs and preferences exactly, it can provide the same level of utility as a cash transfer. In other cases, a cash transfer may be more beneficial as it allows the consumer to make choices and purchase what they need or want.

With Respect to the Utility of the Consumer, an In-Kind