Payments to Households That Do Not Require Anything in Exchange

question 176

Multiple Choice

Payments to households that do not require anything in exchange are called

• A) transfer payments.
• B) government purchases.
• C) consumption expenditures.
• D) investment expenditures.

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Definitions:

Employment

The condition of having a paid job or being engaged in activities or tasks that generate income.

Belief

A mental state or attitude that involves trust or confidence in a proposition, theory, or statement as true.

Alcohol-related Deaths

Fatalities resulting from the excessive or inappropriate consumption of alcohol.

Cirrhosis

A late stage of scarring (fibrosis) of the liver caused by many forms of liver diseases and conditions, such as hepatitis and chronic alcoholism.