A transfer payment is a payment
A) made by the government to its current workers.
B) associated with items exported to other nations.
C) for in-kind services provided to the government.
D) for which no services or goods are rendered.

Question

Quizplus · Accepted Answer

A transfer payment is a payment made without any services or goods being provided in return. Therefore, options A, B, and C are incorrect.

A Transfer Payment Is a Payment