Which of the Following Statements Characterizes Government Transfer Payment Spending

question 26

Multiple Choice

Which of the following statements characterizes government transfer payment spending in the United States between 1960 and 2011?

• A) Transfer payment spending by the federal government and by state and local governments has decreased as a percentage of GDP.
• B) Transfer payment spending by the federal government and by state and local governments has about tripled as a percentage of GDP.
• C) Transfer payment spending by the federal government and by state and local governments has remained constant as a percentage of GDP.
• D) Transfer payment spending by the federal government and by state and local governments has fluctuated widely over this period.

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Definitions:

Diffuses

The process by which molecules move from an area of higher concentration to an area of lower concentration, a fundamental mechanism in both biological and chemical phenomena.

Endocytosis

A cellular process where a cell engulfs solid particles or liquids into a pouch which then becomes a vesicle.

Exocytosis

A cellular process in which intracellular vesicles fuse with the plasma membrane to release their contents outside the cell.

Adhesion Junctions

Specialized structures in cells that help in the binding of cells with each other or with the extracellular matrix.