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A Government Transfer Payment Is Defined as

Question 33

Multiple Choice

A government transfer payment is defined as


A) when the government engages private contractors to provide a service previously performed by government employees.
B) when the government borrows funds from private investors.
C) when the government pays money to individuals that is not a payment for a current good or service.
D) when the government purchases goods and services from the business sector.

Correct Answer:

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