Which of the following is an example of a government transfer payment?

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Government transfer payments are payments made directly to individuals or households, such as Social Security, Medicare, and unemployment compensation. Therefore, unemployment compensation is an example of a government transfer payment. Military spending and spending by state and local governments on roads are not transfer payments, but rather government expenditures on goods and services. Spending in excess of current tax revenues is a budget deficit, not a type of government payment.

Which of the Following Is an Example of a Government