In the Simple Macro Model,how Do Government Transfer Payments to Individuals

question 44

Multiple Choice

In the simple macro model,how do government transfer payments to individuals affect desired aggregate expenditure?

• A)directly
• B)through the consumption function
• C)through business investment
• D)through net exports
• E)through the government's budget deficit

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Definitions:

Social Relationships

Connections between individuals that can provide support, friendship, love, and social networking, impacting well-being and social identity.

Personal Rewards

Benefits or satisfactions that individuals personally gain from their actions or efforts.

Mutual Perspective Taking

Adolescents’ understanding that they take other people’s point of view at the same time as others attempt to take their own point of view.

Social Hierarchy

A system of organizing individuals within a society based on status, rank, or authority.