Which of the following is a true statement concerning federal transfer payments?
A. Transfer payments ultimately must be repaid to the government by recipients.
B. Transfer payments are included in the imports category of GDP.
C. Transfer payments are included in the net exports category of GDP.
D. Transfer payments are payments made by the government for which no good or service is currently received in return.
D. Transfer payments are payments made by the government for which no good or service is currently received in return.
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Phillip is going for a job interview. He will have a higher bargaining power if:
A) he is the only applicant. B) there are several applicants. C) no other company has a job opening. D) he is a college freshman.
Which of the following countries has the greatest degree of measured income inequality?
a. Canada b. France c. United States d. Japan