Transfer Payments

question 49

Multiple Choice

Transfer payments

• A)are payments that flow from government to households.
• B)are not made in exchange for currently produced goods or services.
• C)alter household income,but they do not reflect the economy's production.
• D)All of the above are correct.

---

Definitions:

Scanty

Insufficient in amount or quantity; minimal or sparse.

Little

A term indicating a small size, amount, or degree of something.

Posttest

An examination or evaluation conducted after a course of study or period of training to assess what has been learned.

Instruction

The act of teaching or educating, often involving a direction or order that is to be followed.