Which of the following is not a transfer payment?
A) Social Security payments
B) welfare benefits
C) unemployment compensation
D) dividends

Question

Quizplus · Accepted Answer

Dividends are payments made by corporations to their shareholders. They are a distribution of profits, not a transfer payment from the government. Social Security payments, welfare benefits, and unemployment compensation are examples of transfer payments because they involve the government providing funds to individuals or households without the recipients providing any goods, services, or other economic resources in exchange.

Which of the Following Is Not a Transfer Payment