Multiple Post. Please refer to your later post, which I saw first.
Sra
which of the following are government purchases of goods and services and which are government transfer payments?a.the apollo,b.subsidy to agriculture and industry,c.social security,d.salary received by federal employee,e.unemployment benefits paid to a laid-off worker
2 answers
a. The apollo:
It's government purchase.
b. Subsidy to agriculture and industry:
It's transfer payments because it didn't produce things. Literally, it's kind of wealth distribution.
c. Social security:
It's also transfer payments. The reason is the same as previous question.
d. Salary received by federal employee:
It's government purchase, because the government pay money for federal employee's services.
e. Unemployment benefits paid to a laid-off worker:
It's transfer payment, because it's just a kind of money distribution.
It's government purchase.
b. Subsidy to agriculture and industry:
It's transfer payments because it didn't produce things. Literally, it's kind of wealth distribution.
c. Social security:
It's also transfer payments. The reason is the same as previous question.
d. Salary received by federal employee:
It's government purchase, because the government pay money for federal employee's services.
e. Unemployment benefits paid to a laid-off worker:
It's transfer payment, because it's just a kind of money distribution.
0 answers