Which of the following is a private transfer payment?
A) Unemployment benefits received by newly laid-off workers
B) The sale of used clothing at a thrift store
C) The Social Security benefits paid to a retired worker
D) A check for $250 sent by a parent to a daughter at college
Correct Answer:
Verified
Q2: A business buys $5,000 worth of inputs
Q3: Adding the market value of all final
Q4: To avoid multiple counting in national income
Q5: The gross domestic product (GDP) concept accounts
Q6: GDP is the market value of:
A) Resources
Q8: An example of intermediate goods would be:
A)
Q9: All of the following are examples of
Q10: Value added by a firm is the
Q11: Consider the following data for a firm
Q12: The following are examples of final goods
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