Which of the following is not counted as income when the official poverty rate is calculated?
a. Medicaid benefits.
b. dividends derived from the ownership of stock.
c. earnings derived from a part-time job.
d. money income derived from transfer payments.
Question 2
Which of the following would decrease the size of a federal budget deficit?
a. A recession
b. An increase in defense spending
c. An increase in the use of automatic stabilizers
d. An increase in taxes
e. An increase in transfer payments