2) An example of a government transfer of funds would include
1) wages paid to the President as part of his salary.
2) Social Security paid to retired department of defense workers.***
3) funds paid to secret service agents who protect the President.
4) expenses paid for grounds maintenance at the white house.
5) funds transferred when the President or members of Congress acquire a new bullet-proof limousine.
You are right.
The correct answer is 2) Social Security paid to retired Department of Defense workers.
Government transfers of funds refer to the distribution of money from the government to individuals or organizations for specific purposes. These transfers can take various forms, such as social welfare programs, subsidies, grants, or pensions.
In this case, the example given is Social Security payments made to retired Department of Defense workers. Social Security is a government-funded program that provides financial assistance and retirement benefits to eligible individuals. In this specific scenario, the government is transferring funds to retired Department of Defense workers as part of their retirement benefits.
To figure out the correct answer, it is important to understand the concept of government transfers and identify which option aligns with that definition.