Question+7+-+Peter+Lee

Regular Test #7:

7. A transfer payment is…

A. a payment for moving expenses a worker receives when he or she is transferred by an employer to a new location B. a payment that is automatically transferred from your bank account to pay a bill or some other obligation. C. a form of government spending that is not made in exchange for a currently produced good or service. D. the benefit that a person receives from an expenditure by government minus the taxes that were collected by government to fund that expenditure.

Answer: C Why? Check out the video below.

media type="file" key="Transfer Payments Video.mov"