True or False:
1. Transfer payments include in-kind transfers but not cash transfers.
2. One argument for a negative income tax is that it would not require any added bureaucracy, unlike other forms of public assistance.
3. The fact that average wages are lower for blacks and females proves wage discrimination.
4. To some extent, discrimination may reflect information costs.
5. In the long run, competition has the potential to reduce discrimination.
6. If poverty is defined as earning less than one-half of the median income, then it cannot be eradicated through economic growth.
7. Poverty can be defined in two ways: using an absolute concept of poverty or a relative concept of poverty.
8. If poverty is defined using an absolute measure, then poverty can never be eliminated.