Payments made by the government to individuals that do not require the recipients to produce a good or service in exchange are called

Question

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Transfer payments are payments made by the government to individuals without any expectation of a good or service in return. Government purchases refer to goods and services bought by the government for its own use, while private investment refers to investment made by private businesses or individuals. Personal consumption refers to individual spending on goods and services.

Payments Made by the Government to Individuals That Do Not