A transfer payment is

a. any non monetary transaction.
b. payment for an import.
c. payment for land.
d. a payment of money in return for which no current goods or services are produced.

d. a payment of money in return for which no current goods or services are produced.

Economics

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In the above figure, at what minimum wage is the unemployment level equal to 200 million hours?

A) $2 per hour B) $4 per hour C) $6 per hour D) $8 per hour

Economics

The existence of international policy externalities provides an incentive for

A) strategic policy making. B) monetary autonomy. C) optimal currency areas. D) inflationary policy bias.

Economics