Transfer payments to individuals amount to a little less than _____ of total government spending.

A) three-quarters
B) two-thirds
C) half
D) one-third
E) one-quarter

Transfer Payments

Payments made by the government to individuals for which no goods or services are required in return, such as welfare benefits and pensions.

Government Spending

Expenditures by the government sector on goods and services, including salaries of public servants, public investments, and social benefits.