Payments to households not in exchange for goods and services currently produced are:
A. transfer payments.
B. government purchases.
C. consumption expenditures.
D. investment expenditures.
Answer: A
You might also like to view...
The table below shows the weekly demand for hamburgers in a market where there are just three buyers.PriceQuantity Demanded by Buyer 1Quantity Demanded by Buyer 2Quantity Demanded by Buyer 3$6746597841510123211516Refer to the table. If there were 100 buyers in the market, each with a demand schedule identical to Buyer 3 in the table, then the weekly quantity of hamburgers demanded in the market at a price of $6 would be
A. 800. B. 700. C. 600. D. 400.
Lucy invested $10,000 at the rate of 12%. According to the rule of 72, it would take ______ years for her money to double
a. 4 b. 5 c. 6 d. 7
Which of the following is true concerning unilateral transfers in the U.S. balance of payments?
a. Unilateral transfers have been positive since World War II. b. Unilateral transfers have been negative since World War II. c. Unilateral transfers have been negative every year since World War II except during the war in Iraq. d. The United States places tight restrictions on moneys being sent out of the country. e. Developing countries ordinarily place no restrictions on moneys being sent out of their countries.
In perfect competition, marginal revenue always equals
a. total revenue. b. price. c. average cost. d. marginal fixed cost.