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Economics (AS & A Level) · Oct / Nov 2022 · Paper 12 · Question 17

9708Addressing income and wealth inequality

What is a transfer payment?

  1. Athe advertising expenditure of a firm
  2. Bthe allowance given by a parent to their child while at school
  3. Cthe rent paid to a land owner by a tenant farmer
  4. Dthe wage paid to a worker in the government service

As printed in the paper

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Correct answer: B. the allowance given by a parent to their child while at school

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