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Economics (AS & A Level) · Oct / Nov 2023 · Paper 12 · Question 15

9708Addressing income and wealth inequality

What is necessary for an action to be classed as a transfer payment?

  1. AIt must include a cash payment.
  2. BIt must involve a banking transaction.
  3. CIt must originate from government activity.
  4. DIt must relate to a non-productive activity.

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Correct answer: D. It must relate to a non-productive activity.

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