Examlex
Matching: The letter of the correct definition is given in the space provided.
-Sutra
Income Transfers
The redistribution of income through mechanisms like social security, subsidies, or welfare payments, aimed at addressing inequality.
Medicare Programs
Federal health insurance programs for people who are 65 or older, certain younger people with disabilities, and people with End-Stage Renal Disease.
Government Expenditures
Refers to the money spent by the government on goods, services, public projects, and welfare programs.
Economy
An area or domain that involves the production, distribution, and consumption of goods and services by various agents.
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