Government payments to individuals for which no good or service is produced for the government in exchange are:

Question

Quizplus · Accepted Answer

Transfer payments refer to government payments to individuals or groups for which no good or service is produced in exchange. Examples of transfer payments include Social Security, welfare payments, and unemployment benefits. Government spending refers to all government expenditures, including both spending on goods and services as well as transfer payments. Therefore, option D is the best choice as it specifically identifies transfer payments as the type of government payments being referred to.

Government Payments to Individuals for Which No Good or Service