Author Question: The largest in-kind transfer program is: a. Transitory Assistance to Needy Families. b. Medicaid. ... (Read 54 times)

newyorker26 · **on:** Jun 30, 2018

The largest in-kind transfer program is:
a. Transitory Assistance to Needy Families.
b. Medicaid.
c. Social Security.
d. SNAP (food stamps).

Question 2

If the U.S. government spent 20 million paying people to dig holes in 2005 and then spent 30 million paying the same people to fill the holes up again that same year, we would expect the net effect to be a(n):
a. decrease in transfer payments
b. increase in the budget deficit as transfer payments increased
c. increase in the budget deficit as government purchases of goods and services increased by 50 million
d. increase in the budget deficit as government purchases of goods and services increased by 30 million
e. 10-million-dollar increase in the budget deficit