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Which of the following is a transfer payment? I. Social Security
II) Unemployment benefits
Cumulative
Pertaining to a total that increases gradually by successive additions.
Fifth Year
Referring to the fifth year in a specific time frame or plan, often used in the context of education, projects, or strategic plans.
Annual Cost
The total cost incurred by an entity over a one-year period, encompassing both fixed and variable expenses.
Third Year
Typically refers to the third year in a sequence, such as the third year of an academic program or the third year of a company's operation.
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