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Economics (AS & A Level) · Oct / Nov 2021 · Paper 13 · Question 16

9708Addressing income and wealth inequality

Which payment is a transfer payment?

  1. Ahouseholds' payments of indirect taxes
  2. Bgovernment pension payments
  3. Cpayments between firms for the supply of raw materials
  4. Dpayment of salaries

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Correct answer: B. government pension payments

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