Medicaid, Medicare, and Social Security are examples of:

Question

Quizplus · Accepted Answer

Medicaid, Medicare, and Social Security are all examples of transfer payments, which involve the government providing money to individuals in need. They are not unilateral payments, which would only involve one party making a payment, nor are they monetary policy, which refers to actions taken by the central bank to manage the money supply. They are also not taxes, which are payments made by individuals to the government.

Medicaid, Medicare, and Social Security Are Examples Of