We Expect a Rise in Transfer Payments When

question 26

Multiple Choice

We expect a rise in transfer payments when

• A) the needs of the poor receive more publicity
• B) taxes rise
• C) GDP rises and inflation soars
• D) the retirement age remains unchanged over time
• E) recessions occur

---

Definitions:

Shirking

The act of avoiding or evading work responsibilities, often by doing less work or being less productive.

Performance Measures

Quantitative indicators used to evaluate the efficiency, effectiveness, and quality of an organization's activities.

Fixed Salary

A pre-determined amount of money paid to an employee at regular intervals, regardless of performance or hours worked.

Car Salesman

An individual who sells new or used cars at the retail level, employing persuasion to inform and convince customers.