Question : 1) Government’s transfer payments to individuals affect desired aggregate expenditure : 1384379

 

1) Government’s transfer payments to individuals affect desired aggregate expenditure

A) directly.

B) through the consumption function.

C) through the investment function.

D) through net exports.

E) through the government’s budget deficit.

2) Why are government expenditures such as Old Age Security payments, employment insurance payments, or welfare benefits paid to individuals not considered part of G, the government component of aggregate expenditure?

A) These are transfer payments and place no direct demand on Canada’s total output.

B) These payments are directly included as part of C, consumption, because they become consumption expenditure for the recipient.

C) Since the revenues from which these payments are made did not originate from tax collection, they are not considered part of G.

D) Since these expenditures are transfers from recipients to taxpayers, they are not included in G.

E) These payments are included in G only when the payments are made directly by the federal government.

3) The G and T components in the national-income accounts measure purchases and net taxes collected by

A) all levels of government.

B) only provincial governments and the federal government.

C) only the federal government.

D) only provincial governments.

E) only local governments.

4) When economists use the term “budget surplus” they are referring to

A) net tax revenues minus government purchases.

B) national income minus transfer payments.

C) national income minus consumption.

D) disposable income minus consumption.

E) net tax revenues minus transfer payments.

5) Consider the government’s budget balance. Suppose G = 300 and the government’s net tax revenue is equal to 0.14Y. When Y = 2000, the government is running a budget

A) deficit of 20.

B) surplus of 20.

C) balance.

D) deficit of -20.

E) surplus of 40.

6) Consider the government’s budget balance. Suppose G = 300 and the government’s net tax revenue is equal to 0.12Y. The government budget is balanced when Y equals

A) 350.

B) 1000.

C) 2000.

D) 2500.

E) 3600.

7) Consider the government’s budget balance. Suppose G = 400 and the government’s net tax revenue is 20% of national income (Y). Government saving is negative for all values of Y

A) above 10 000.

B) above 8000.

C) above 2000.

D) below 8000.

E) below 2000.

8) Consider the government’s budget balance. Suppose G = 600 and the government’s net tax revenue is 10% of Y. The government budget is balanced when Y equals

A) 660.

B) 1320.

C) 3000.

D) 4500.

E) 6000.

9) Consider the government’s budget balance. Suppose G = 300 and the government’s net tax revenue is 0.3Y. The government budget is in surplus only when Y is

A) less than 350.

B) less than 1000.

C) greater than 1000.

D) greater than 2500.

E) greater than 3000.

10) Transfer payments made by the government affect its net tax revenues

A) directly.

B) indirectly through government purchases.

C) indirectly through net exports.

D) indirectly through the investment function.

E) indirectly through the consumption function.

 

 

 

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more