Transfer Payments Are

question 145

Multiple Choice

Transfer payments are:

• A) payments made to certain individuals and are part of GDP.
• B) not included in GDP because they do not represent income derived from current production.
• C) included in GDP only if they pertain to unemployment benefits.
• D) payments for services produced in the current time period.

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Definitions:

"you"

is a pronoun used to address or refer to the person or people being spoken or written to.

Contact Comfort

The importance of physical touch and closeness in the psychological development of infants.

Physical Contact

The act of touching or being in direct contact with someone or something, often important for emotional and physical well-being.

Pleasure

A feeling of happiness, satisfaction, or enjoyment that can arise from sensory experiences, accomplishments, or social interactions.