G " ezto.mheducation.com + 189 M Question 5 - Homework: Government Intervention; The Business Cycle Assign... * Course Hero * Course Hero Homework: Government Intervention; The Business Cy... i Saved Help Save & Exit Submit Check my work 5 Policy Perspectives Refer to the table to answer one question. Income Transfers: The market mechanism might leave some people with too little income and others with too much. The government uses taxes and transfers to redistribute income more fairly. 2 points Number of Value of Program Recipient Group Recipients Transfers Retired and disabled 67 million $1,002 billion eBook Social Security workers Medicare Individuals over age 65 59 million $620 billion Medically needy Medicaid Print individuals 75 million $400 billion Unemployment Unemployed workers 6 million $30 billion compensation Low-income References Food stamps 42 million $63 billion households Earned Income 30 million $70 billion Tax Credit Low-wage workers Temporary Aid to Poor families 3 million $17 billion Needy Families Calculate the average benefit a recipient of Medicare receives. Instructions: Round your response to the nearest dollar. $ Mc Graw Hill