Which of the Following Statements Characterizes Government Transfer Payment Spending

question 72

Multiple Choice

Which of the following statements characterizes government transfer payment spending in the United States between 1960 and 2015?

• A) Transfer payment spending by the federal government and by state and local governments has decreased as a percentage of GDP.
• B) Transfer payment spending by the federal government and by state and local governments has more than tripled as a percentage of GDP.
• C) Transfer payment spending by the federal government and by state and local governments has remained constant as a percentage of GDP.
• D) Transfer payment spending by the federal government and by state and local governments has fluctuated widely over this period.

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Definitions:

Adopted Children

Children who are legally taken into a family different from their birth family as their own.

Foster Homes

Households that provide temporary care for children whose biological parents are unable to care for them.

Economically Advantaged

Individuals or groups with greater financial resources, wealth, or access to economic opportunities compared to others.

Adoptive Parents

Individuals or couples who legally assume the responsibility of parenting a child not biologically their own.