Which of the following is an example of an in-kind transfer?
a. welfare payments
b. most Social Security benefits
c. unemployment compensation payments
d. food stamps
e. charitable contributions
D
You might also like to view...
The banking system has just experienced an increase in deposits of $50,000. The currency drain ratio is 20 percent and the desired reserve ratio is 10 percent. What does the money multiplier equal?
A) 4.00 B) 3.33 C) 0.25 D) 10.00
Assume that goods X and Y are substitutes and are produced in perfectly competitive markets. If there is a decrease in the supply of good X, which of the following will happen in the market for good Y in the long run?
A) Firms will exit, causing market price to rise. B) Firms will enter, causing market price to fall. C) Price will be higher at the new long-run equilibrium as a result of entry into the market. D) The firms that were already in the industry will continue to earn positive economic profit.
The English rule of costs
a. applies only in England. b. is the standard practice worldwide, except in the United States. c. is a practice where the loser of a lawsuit pays all attorneys' fees and court costs. d. results in more lawsuits filed. a. both b and c are true.
In order to bring GDP and national income into accord,
a. add indirect business taxes to national income and we have GDP b. add depreciation of capital and indirect business taxes to GDP and we have national income c. subtract depreciation of capital from GDP and we have national income d. subtract depreciation of capital and proprietor's income from GDP and we have national income e. subtract depreciation of capital and indirect business taxes from GDP and we have national income