A Decrease in Transfer Payments Would Not Do Which of the Following

question 96

Multiple Choice

A decrease in transfer payments would not do which of the following in the short run?

• A)decrease any budget deficit or increase any budget surplus
• B)reduce the price level
• C)reduce unemployment
• D)reduce consumption purchases

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Definitions:

Label

A tag or marker that identifies or provides information about an object, product, or substance.

Larva

(Pl., Larvae) An immature form in the life history of some animals; may be unlike the parent.

Characteristic

A distinguishing feature or quality of an organism or object, often used in the identification and description of species.

Closed Circulatory System

A type of circulatory system in which the blood flows through a continuous circuit of blood vessels; characteristic of annelids, cephalopods, and vertebrates. Compare with open circulatory system.