Transfer payments provide benefits to
A) all those in need
B) those who have paid into governmental funds through their workplace
C) those who are eligible recipients
D) those who provide some service to the government
E) anyone transferring from one stage of their life to another

Question

Quizplus · Accepted Answer

Transfer payments are payments made from the government to eligible recipients, such as social security or welfare benefits. These benefits are typically provided to those who are unable to provide for themselves or have a low income, and are meant to alleviate poverty and provide financial assistance. Therefore, the correct option is C.

Transfer Payments Provide Benefits to