Multiple Choice
An example of a transfer payment is
A) an interest payment on a General Motors' bond.
B) the added value of stock from the time it was bought to the time it was sold.
C) a Social Security retirement benefit.
D) the salary paid to a member of the armed forces.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q116: Which of the following is a topic
Q117: Since 1970, the U.S. economy has experienced
Q118: To get the economy out of a
Q119: Rapid increases in the price level during
Q120: In the circular flow diagram, firms' payments
Q122: A promissory note issued by a corporation
Q123: In a business cycle, a peak occurs
Q124: Since 1970, the U.S. economy has experienced
Q125: Stagflation occurs when there is a decline
Q126: The demand for auto mechanics increased in