Direct payments from governments to other governments or to individuals is known as what?
A)Specialized purchasing policies.
B)Debt reduction.
C)Monetary policy.
D)Transfer payments.

Question

Quizplus · Accepted Answer

Direct payments from governments to other governments or to individuals are known as transfer payments. These payments can be in the form of social welfare programs, subsidies, or grants, among others. Transfer payments aim to redistribute income within a society, promoting greater equality and providing assistance to those in need.

Direct Payments from Governments to Other Governments or to Individuals