Expenditures Such as Social Security Benefits, Farm Subsidies and Grants

question 159

Multiple Choice

Expenditures such as Social Security benefits, farm subsidies and grants are considered

• A) expenditures on goods and services.
• B) transfer payments.
• C) debt reduction.
• D) debt interest.

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Definitions:

International Business

Commercial transactions that occur across national borders, including trade, investment, and partnership activities.

Minority

A term used to describe a group of people who are less in number or different in some way from the majority of the population.

United States

A country located in North America, consisting of 50 states and a federal district, known for its diverse geography and culture.

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A social construct used to categorize humans based on physical characteristics, such as skin color and facial features.