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gtnhenbr [62]
1 year ago
12

When the government transfers resources to the poor in the form of a good or service, it is called?

Business
1 answer:
Airida [17]1 year ago
4 0

When the government transfer resources to the poor in the form of a good or service it is called an in-kind transfer.

Many countries government provide large in-kind transfer resources to the poor in the form of a good or service. These transfers are commonly referred to as government redistribution programs, presumably from the wealthy to the poor.

The term in-kind transfers generally refers to goods, services, and transactions not involving money or not measured in monetary terms are transferred to the needy.

Hence, the in-kind transfers is based on the idea that governments want to target transfers to the needy.

To learn more about in-kind transfer here:

brainly.com/question/20411157

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$3,208

Explanation:

The computation of the future value is shown below;

As we know that

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And, the time period is = 10  × 4 = 40

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