Government transfer payments: A) are included as part of government purchases, G

ID: 1188001 • Letter: G

Question

Government transfer payments:

A) are included as part of government purchases, G.

B) can be viewed as negative tax payments, T.

C) are received as payment for inputs in the factor market.

D) do not affect the level of public or private saving.

Public saving is:

A) always positive.

B) always negative.

C) always zero.

D) either positive, negative, or zero.

In the circular flow diagram, firms receive revenue from the _____ market, which is

used to purchase inputs in the _____ market.

A) goods; financial

B) factor; financial

C) goods; factor

D) factor; goods

Firms currently have incentives to temporarily lay off workers because firms typically

are charged for ______ of workers' unemployment benefits.

A) all

B) only a part

C) none

D) twice the cost

Most current unemployment-insurance programs are:

A) paid for fully by state governments.

B) paid for fully by the federal government.

C) 100 percent experience rated.

D) partially experience rated.

1B) can be viewed as negative tax payments, T.

2D) either positive, negative, or zero.

3D) factor; goods

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.