Which of the following is an example of an in-kind transfer?

If the number of workers in a country is 12,000 and its income per worker is $380, its gross domestic product is ________

A) $524,000 B) $618,000 C) $4,560,000 D) $1,240,000

If your income goes down, you will probably purchase fewer goods and services.

a. true b. false