Which of the following describes private transfer payments?Multiple choice question.Payments to the elderly from governmentCash gifts given by parents to their children on their birthdaysThe purchase of stocks and bondsDirect welfare payments to low-income households

Which of the following is a transfer payment?Group of answer choicesIncome earned from a babysitting job that is not reportedSales taxesStudent loanssocial security supplemental benefit received

Transfer payments are excluded from government purchases in GDP accounting because ______.Multiple choice question.nothing is being produced in return for the paymentthey are difficult to measurethey are a reward to individuals who have been productive their entire livesthey are already included as part of investment

The money paid by private business to the suppliers of loans used to purchase capital, which is also the money that households receive on savings accounts, is called __.Multiple choice question.rentinterestnet incomeprofit

Consider money is transferred from (1)account-A to account-B and (2) account-B to account-C and (3)account-C to account-A. Which of the following form a transaction

Multiple Choice QuestionRemittance payments sent by immigrants to their home countries are included in which of the following?Multiple choice question.The U.S. trade deficitInternational asset transactionsThe balance of paymentsInternational debt forgiveness