Cash distributions made by government to individuals when no good or service is received in exchange are known as __________.
A. Taxes
B. Transfer payments
C. Poverty payments
B. Transfer payments
Economics
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What are the inherent disadvantages of a barter system?
Economics
Variable costs equal fixed costs when nothing is produced
a. True b. False Indicate whether the statement is true or false
Economics
According to the graph shown, consumer surplus is:
A. $72. B. $36. C. $120 D. None of these.
Economics
This graph shows what causes
A. cost-push inflation.
B. demand-pull inflation.
C. neither cost-push nor demand-pull inflation.
Economics