EXTRA CREDIT #7 and #8
7. What are the advantages and disadvantages of greater income equality? Write an essay of about 150 words. Be sure to discuss both advantages and disadvantages. Please submit all of your extra credit work at the end of the course.
8. Which of the following is the best approach to public assistance (welfare), and why?
a. A cash payment plus medical assistance (Medicaid).
b. A cash payment plus Medicaid plus other aid-in-kind, such as food stamps, housing assistance, and child care.
c. No cash payments at all, only aid-in-kind assistance.
Write an answer of 100-150 words. Please word process and then print out and submit all of your extra credit answers when you come in to take your final exam. One point will be added to your final exam score or WSJ project for each valid answer.