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Give two examples of transfer payments. - Economics

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Question

Give two examples of transfer payments.

Very Short Answer
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Solution

Two examples of transfer payments are:

  1. Old-age pensions
  2. Unemployment benefits
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Chapter 19: National Income Aggregates - TEST YOURSELF QUESTIONS [Page 381]

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Frank Economics [English] Class 12 ISC
Chapter 19 National Income Aggregates
TEST YOURSELF QUESTIONS | Q 14. | Page 381
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