Transfer payments are made by the government to recipients without any productive activity taking place at the time the benefits are received.

Name: Transfer payments are made by the government to recipients without any productive activity taking place at the time the benefits are received.
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Question

Quizplus · Accepted Answer

Transfer payments are government payments to individuals for which no current goods or services are exchanged, such as social security benefits, unemployment compensation, or welfare.

Transfer Payments Are Made by the Government to Recipients Without