Transfer payments are about ____ percent of U.S. domestic output (as of 2018) .

A) 32
B) 5
C) 14
D) 22

Question

Transfer payments are about ____ percent of U.S. domestic output (as of 2018) .A) 32B) 5C) 14D) 22

Raushan Kumar 126 · Accepted Answer

Final Answer : C, Explanation :  Transfer payments are about 14 percent of U.S. domestic output as of 2018. Transfer payments include government payments to individuals through programs such as Social Security, Medicare, and unemployment insurance, which do not directly correspond to the production of goods and services but redistribute income within the economy.

Transfer payments are about ____ percent of U.S. domestic output (as of 2018) .

A) 32
B) 5
C) 14
D) 22

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