Examples of transfer payments are
A) wages, profits, and rents.
B) Social Security checks and unemployment insurance payments.
C) salaries of educators, police, and firefighters.
D) federal government spending for national defense.

Question

Quizplus · Accepted Answer

Transfer payments are payments made by the government to individuals without any expectation of goods or services in return. Examples of transfer payments include Social Security checks and unemployment insurance payments. Choices A, C, and D are not transfer payments as they are payments for goods and services provided to the government.

Examples of Transfer Payments Are