We expect a rise in transfer payments when
A) the needs of the poor receive more publicity
B) taxes rise
C) GDP rises and inflation soars
D) the retirement age remains unchanged over time
E) recessions occur

Question

Quizplus · Accepted Answer

Transfer payments, such as unemployment benefits and welfare, tend to increase during recessions as more people become unemployed and in need of assistance.

We Expect a Rise in Transfer Payments When