A transfer payment is a payment made by a. firms, but not in exchange for capital equipment. b. foreigners, but not in exchange

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A transfer payment is a payment made by a. firms, but not in exchange for capital equipment. b. foreigners, but not in exchange

for a domestically produced good or service. c. consumers, but not in exchange for a tangible product. d. government, but not in exchange for a currently produced good or service.

Business

1 answer:

s344n2d4d5 [400] · Answer 1 · 2022-12-01T02:02:09+03:00

Transfer payment is a payment made by : Government, but not in exchange for a currently produced good or service.

<h3>What is transfer payment?</h3>

Transfer payment refers to a public expenditure, which is made purposely for unemployment compensation other than procuring goods or services. It is money or other aid that is given by a government without any good or service in return.

Examples of transfer payments include:

Welfare
Financial aid
Social security
Government subsidies for certain businesses.

Hence, transfer payment is a payment made by government, but not in exchange for a currently produced good or service.

Learn more about transfer payment here: brainly.com/question/7176766