If transfer payments increase then we would most likely conclude what about government spending as a result of this increase?
A. We cannot reasonably conclude anything about government spending.
B. Since transfer payments have gone up this has caused government spending to decrease.
C. Since transfer payments have gone up this has caused government spending to increase.
D. Government spending would not change if transfer payments increase.
D. Government spending would not change if transfer payments increase.
You might also like to view...
Government can use its funds to purchase goods or transfer money to people.
a. true b. false
Which of the following is best characterized as a public good?
A. a public library B. primary education C. police protection D. a church
Under the Bretton Woods system, a country with a balance of payments deficit
A. could get loans from the U.S. government. B. could devalue if deflationary policies failed to eliminate the deficit. C. was not allowed to devalue under any circumstance. D. was required to devalue its currency immediately.
Which of the following statements about state lotteries is false?
A. State lotteries are monopolies, with competing private lotteries banned B. State lotteries are highly controversial, with critics and defenders still debating their merits C. Less than half of the states in the U.S. have state lotteries because of their controversial nature D. The payout rates of state lotteries are substantially lower than in private betting operations like casinos