Which of the Following Is an Example of a Common

question 45

Multiple Choice

Which of the following is an example of a common in-kind transfer?

• A)Social Security
• B)Medicare
• C)Public housing
• D)Unemployment insurance

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Definitions:

Productive

The efficiency with which inputs (such as labor and capital) are converted into outputs (goods and services).

Large Income

Substantial earnings or revenue, typically considerably higher than the average income, affording a high standard of living.

High Productivity

Indicates a significant output or efficiency in production or performance relative to the input of resources, time, or labor.

Technological Progress

The advancement and innovation in technology, leading to more efficient processes, improved products, and overall economic growth.