Scenario 4-1 In a Given Year, Country a Exported $12 Million Worth

question 3

Multiple Choice

Scenario 4-1
In a given year, country A exported $12 million worth of goods to country B and $6 million worth of goods to country C; country B exported $4 million worth of goods to country A and $7 million worth of goods to country C; and country C exported $5 million worth of goods to country A and $2 million worth of goods to country B.
-Which of the following statements about transfer payments is true?

• A)Transfer payments are not included in total government expenditures.
• B)Transfer payments involve the international remittance of funds.
• C)Transfer payments refer to the transfer of money by the commercial banks to the people.
• D)Transfer payments are made by the government to taxpayers.
• E)Transfer payments are made when governments purchase goods and services.

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Definitions:

Conscious Awareness

The mental state of being fully present and aware of one's thoughts, feelings, and surroundings.

Motivation

The driving force behind all actions of an organism, stemming from needs, desires, and goals.

Intrinsic Motivation

The drive to engage in an activity for its own sake, due to personal satisfaction or interest, rather than for some separable consequence.

Extrinsic Motivation

Motivation driven by external rewards, such as money, fame, grades, and praise, rather than by intrinsic enjoyment or interest in the task itself.