Asked by
Austin Kincaid
on Oct 13, 2024
Verified
Which of the following is a transfer payment?
A) The president's salary
B) Veterans' benefits
C) The NASA budget
D) Schoolteachers' salaries
E) Provision of national parks
Transfer Payment
Payments made by the government to individuals or other entities without the exchange of goods or services, such as welfare or social security.
- Absorb the theory and cases of transfer payments in the framework of public sector spending.
Verified Answer
DG
Learning Objectives
- Absorb the theory and cases of transfer payments in the framework of public sector spending.
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