Economics (AS & A Level) · May / June 2021 · Paper 11 · Question 15
9708Addressing income and wealth inequality
What would be classified by economists as an increase in transfer payments?
- Aa reallocation of spending from defence to education
- Badditional funding for government pensions
- Cextra spending on public sector infrastructure
- Dincreased salaries paid to the police
As printed in the paper
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Correct answer: B. additional funding for government pensions
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