Solved

An Example of a Transfer Payment Is

Question 154

Multiple Choice

An example of a transfer payment is


A) a teacher's paycheque.
B) a paycheque for a member of the Royal Canadian Air Force.
C) an Old Age Security Payment.
D) a purchase of a new bridge to PEI.
E) federal income taxes collected in Saskatchewan.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q149: When BHP (an Australian mining company)buys a

Q150: China's current rate of GDP growth is

Q152: The Philippines and Vietnam have roughly the

Q153: If nominal GDP exceeds real GDP for

Q155: Table 4.17 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3061/.jpg" alt="Table 4.17

Q156: The factors of production include<br>A)wages.<br>B)capital.<br>C)investment.<br>D)transfers.<br>E)money.

Q157: Table 4.21 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3061/.jpg" alt="Table 4.21

Q158: Net National Income equals Gross National Income

Q159: Investment, as defined by economists, would include

Q238: In the term "real GDP," what does