Unemplyment benefits are an example of a transfer payment. So, the correct option of this question is b.
Transfer payment is payment made or income received in which goods and services are not paid is known as transfer of payment. It is one-way payment. Transfer Payment is also known as Government transfer as it is given by the Government without goods and services being received in return. Transfer of payment is based on the concept of donor and recipient. A donor gives up something of value without receiving anything in return.
Unemployment benefits are given by the Government without receiving any goods or services in return so it is considered a transfer payment. The government collects money through taxes then this money is reallocated to citizens equally through welfare services.
Unemployment benefits are also provided by the Government therefore it is an example of transfer payment.
While other options are incorrect because rent, wages and government purchases dont have relation with transfer payment.
Therefore, the correct option of the given question is b i.e. Unemployment benefits.
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The impact of a federal budget deficit on interest rates and the trade balance is that it can bring about the inflow of foreign financial capital as well as a better exchange rate.
<h3>How can budget deficit have effect on trade balance?</h3>
When there is a stronger exchange rate there will be a little bit difficult for all the exporters that want to sell their goods to foreign countries, and at this time the imports will become cheaper.
In this case, trade deficit will definitely bring about an inflow of foreign financial capital as well as a good exchange rate.
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Answer:
$100,000
Explanation:
Based on the information given Jorgensen may lessen the amount of $100,000 in the second year which is year 2 reason been that the amount are NOT FIXED amount at the end of the year 1 because the employees are qualified to receive the bonus amount only in a situation where the employees are been employed on the date the bonuses amount were been paid.
Employees Deductible Year 1 Deductible Year 2
Ken $0 $40,000
Jayne $0 $30,000
Jill $0 $20,000
Justin $0 $10,000
Total $100,000
Complete question:
Assume that the Texas legislature is not in session and the economy has gone into recession. What must occur before legislators can act to reformulate policy
A. The legislature as a body must wait for the comptroller to decertify the budget.
B. The legislature must wait for a special session to be called.
C. The legislature must wait for economic conditions to deteriorate to a point where a constitutional provision allowing deficit spending kicks in.
D. The legislature must wait until the federal government increases monies for state governments.
Answer:
The legislature must wait for a special session to be called.
Explanation:
Once the Texas legislature passes a budget and the governor has acted, after 6 months does the budget go into effect.
The Texas legislature passed a law that requires that an agency take a specific action in order to solve a problem. At formulation stage of the policy making process did the passage of this law occur
A special session (also a exceptional session) in a parliamentary term is a time when the assembly meets outside the usual legislative session. Anyone holding a special meeting would be subject to different requirements, such as by a legislative vote in a normal session, the president, or the presiding officer of the legislature.
