An Example of a Government Expenditure That Is a Transfer

question 22

Multiple Choice

An example of a government expenditure that is a transfer payment is

• A)payments made to the Canadian International Development Agency (CIDA).
• B)construction costs of a new government- owned airport.
• C)education payments.
• D)salaries of welfare case workers.
• E)employment- insurance (EI)payments.

---

Definitions:

Basic Aptitude

Refers to a person's innate ability to perform certain tasks, learn new skills, or adapt to new situations.

Technical Skills

The ability to perform specific tasks related to a certain field or profession, involving practical and mechanical knowledge as well as proficiency.

Human Capital

The skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country.

Intangible Resources

Non-physical assets possessed by a firm, such as brand reputation, intellectual property, and organizational culture, which can offer competitive advantage.