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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Answer
A. 25%
B.8%
C. 1.2%
Explanation:
a)
($250,000 − $200,000)/$200,000 = 0.25 or 25%
b)
($275 − $255)/$255 = 0.08 or 8%
Their was No exchange rate movements involved assets & returns all in U.S. dollars
c.
Step 1: £10,000 * $1.50/£ = $15,000 initial $ investment
Step 2: £10,000 * (1.10) = £11,000 at end of year
Step 3: £11,000 * $1.38/£ = $15,180 at end of year
Step 4: ($15,180 - $15,000)/$15,000 =
0.012, or 1.2%
A person is poverty-stricken if they are considered to be very poor. A higher standard of living is not a typical pattern of behavior for a poverty-stricken person.
<h3>Who is poverty-stricken poverty?</h3>
A poverty-stricken person suffers from the effects of extreme poverty: Some beggars are impoverished and homeless.
There are few jobs for farmers who have moved to cities from poverty-stricken areas in search of work.
It is characterized by excessive indulgence, low self-regulation, exploitation of others, and limited motivation and effort.
Therefore, Option C is the correct answer that is A higher standard of living is not a typical pattern of behavior for a poverty-stricken person.
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Answer:
A. Frictional Unemployment
B. Structural Unemployment
C. Cyclical Unemployment
Explanation:
A. Frictional Unemployment refers to people moving between jobs which is the case for the first scenario
B. Structural Unemployment is a type of unemployment when structure of the economy changes and outsourcing also comes under this
C. Cyclical Unemployment is caused by the movements of business cycle people are laid off when economy is facing recession i.e decrease in investment.
Groups of related business activities such as the acquisition of merchandise and payment of vendors are called transaction cycles.
A transaction cycle is an interlocking set of business transactions. Most of those transactions may be aggregated into a comparatively small number of transaction cycles associated with the sale of products, payments to suppliers, payments to employees, and payments to lenders.
A transaction cycle is a set of accounting transaction that happens in a very normal sequence as an example a sales transaction is followed by shipping transaction, a billing transaction, and a cash receipts transaction.
Therefore, there are four transaction cycles which are the following:- Financial cycle, expenditure cycle, revenue cycle, conversion cycle.
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