Which of the following is not an example of a transfer payment in the sense of the national income accounts? Question 3Answer a. Disability pensions paid from the social insurance system b. Dividends paid by corporations to stockholders c. Government family allowances d. Public unemployment insurance benefits Like 0
The market supply of lettuce in a small town is shown in the table below. Market Supply of Lettuce $3 .00 2.50 2.00 1.50 1.00 0. 50 Price (dollars) Quantity of Lettuce Supplied (heads) Init iaI 350 310 270 230 190 150 Instructions: Enter your answers as a whole number. a. Suppose there is a decrease in the cost of renting land that allows lettuce growers to produce 50 more heads of lettuce at each price. Find the new quantities supplied at each price, and then complete the new supply schedule in the table. b. At a price of $1.00 per head of lettuce, the original quantity supplied was heads of lettuce. heads of lettuce and the new quantity supplied is
