Which of the following is an example of a transfer payment?

One reason that international trade is restricted is that

A) the individual gain to parties who benefit from the protection is much larger than the individual loss to parties who lose. B) the government completely pays the losers from international trade for their losses. C) protectionism benefits consumers. D) the government cannot measure the cost of protectionism.

Which of the following is not true of Keynesian macroeconomics?

A. Focuses on the short run B. Concerns depressions and unemployment C. Says that aggregate demand affects depressions/recessions D. Concerns inflation control E. Concerns gov't fiscal policy