"Transfer payments" may be thought of as

Name: "Transfer payments" may be thought of as
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Question

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Transfer payments are payments made by the government to individuals or families for which no goods or services are exchanged. These include social security, welfare programs, and other forms of government assistance. Transfer payments are considered "taxes in reverse" because they involve the government taking money from some citizens through taxes and then redistributing it to others in need.

"Transfer Payments" May Be Thought of as