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Economics (AS & A Level) · May / June 2026 · Paper 12 · Question 12

9708Addressing income and wealth inequality

What is a transfer payment?

  1. Aadvertising expenses incurred by a charity organisation
  2. Bfood vouchers to help low-income households pay for food
  3. Cinterest-free study loans given to deserving students by the government
  4. Dsalary paid to a nurse working in a hospital that provides free treatment

As printed in the paper

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Correct answer: B. food vouchers to help low-income households pay for food

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