Which of the Following Statements About Welfare Assistance Packages Is

Multiple Choice

Which of the following statements about welfare assistance packages is true? An individual who receives food stamps:
(i) may be indifferent between food stamps and a cash transfer of equal dollar value
(ii) will always be better off with a cash transfer of equal dollar value
(iii) would always choose to spend less money on food with a cash transfer of equal dollar value

A) (i) only
B) (i) and (ii)
C) (i) and (iii)
D) (ii) and (iii)