A Distinguishing Characteristic of Public Transfer Payments Is That

question 36

Multiple Choice

A distinguishing characteristic of public transfer payments is that:

• A)they are used to subsidize the major transportation carriers to reduce transportation costs.
• B)they are counted as part of government purchases in the calculation of the gross domestic product.
• C)there is a tax on the amount of the subsidy above a certain income level.
• D)the recipients make no contribution to current production in return for them.

---

Definitions:

Threshold

The minimum level of stimulation or the level at which a certain effect begins to be produced, often used in economics, psychology, and physical sciences.

Grades

Levels of quality or performance, often used to categorize or rank things such as academic results or material purity.

Employers

Individuals or organizations that hire and pay employees for their labor.

Educational Level

The highest degree or level of school completed, often influencing employment opportunities, income potential, and social status.