NO.PZ2023071902000052
问题如下:
QuestionTransfer payments, concerning fiscal policy, are best defined as:
选项:
A.welfare payments.B.infrastructure spending. C.spending on recurring goods and services.
解释:
Solution
- Correct because transfer payments are welfare payments made through the social security system, and, depending on the country, comprise payments for state pensions, housing benefits, tax credits and income support for poorer families, child benefits, unemployment benefits and job search allowances.
- Incorrect because capital expenditure includes infrastructure spending on roads, hospitals, prisons, and schools, not transfer payments.
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