During Economic Contractions,transfer Payments Such as Welfare Benefits _____

question 57

Multiple Choice

During economic contractions,transfer payments such as welfare benefits _____.

• A)automatically increase,reducing income further.
• B)automatically increase,reducing the impact of the contraction on disposable income.
• C)automatically decrease because tax revenues fall and welfare benefits are no longer affordable.
• D)are decreased as a discretionary move on the part of Congress to stimulate expansion.
• E)are increased as a discretionary move on the part of Congress to cushion recipients against the negative effects of economic contraction.

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Definitions:

Conserve Quantity

The understanding that quantity does not change with physical alteration of objects, part of cognitive development in children.

Differently Shaped

Describes objects, elements, or figures that do not share the same form or outline.

Pennies

Small denominational coins used in various currencies, often representing the smallest monetary unit.

Count

The act of determining the total number of elements in a set or the process of quantifying objects, people, or activities.