Which of the Following Is a Private Transfer Payment

question 65

Multiple Choice

Which of the following is a private transfer payment?

• A)unemployment benefits received by newly laid-off workers
• B)the sale of used clothing at a thrift store
• C)the Social Security benefits paid to a retired worker
• D)a check for $250 sent by a parent to a daughter at college

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Definitions:

Schlieffen Plan

A German military strategy developed before World War I to quickly defeat France and then turn east against Russia.

Trench Warfare

A method of combat during World War I in which opposing troops fought from systems of trenches dug into the ground.

Battle of the Marne

A significant First World War battle near the Marne River in France in 1914, which resulted in a victory for the Allies, halting the German advance towards Paris.

Triple Entente

An alliance formed in the early 20th century between France, Russia, and Great Britain, which played a significant role in the build-up to World War I.