A distinguishing characteristic of public transfer payments is that
A) they include wages to government workers.
B) they are counted as part of government purchases in the calculation of the gross domestic product.
C) they include the cost of maintaining public parks.
D) they involve no contribution to current production in return.

Question

Quizplus · Accepted Answer

Public transfer payments involve no contribution to current production in return. They are simply payments made by the government to individuals or groups without any expectation of goods or services being provided in return.

A Distinguishing Characteristic of Public Transfer Payments Is That