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Interest on public debt is part of
- a)transfer payments by the enterprises
- b)transfer payments by the government
- c)national income
- d)interest payments by households
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Interest on public debt is part of a)transfer payments by the ente...
The correct option is B.
In economics, a transfer payment (or government transfer or simply transfer) is a redistribution of income in the market system. ... Government debt is the debt owed by a central government. In the budget, it is listed among the transfer payments by the government.
In economics, a transfer payment (or government transfer or simply transfer) is a redistribution of income in the market system. ... Government debt is the debt owed by a central government. In the budget, it is listed among the transfer payments by the government.
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Interest on public debt is part of a)transfer payments by the ente...
Interest on public debt is a part of transfer payments by the government.
Explanation:
- Transfer payments are those payments made by the government to individuals or other entities without any exchange of goods or services.
- Interest on public debt refers to the interest payments made by the government on the debt it has incurred from borrowing money.
- This interest payment is a transfer payment because the government is not receiving any goods or services in exchange for the payment.
- Therefore, interest on public debt is a part of transfer payments made by the government.
In summary:
- Interest on public debt is a transfer payment made by the government.
- Transfer payments are payments made without any exchange of goods or services.
- Therefore, interest on public debt is a part of transfer payments made by the government.
Explanation:
- Transfer payments are those payments made by the government to individuals or other entities without any exchange of goods or services.
- Interest on public debt refers to the interest payments made by the government on the debt it has incurred from borrowing money.
- This interest payment is a transfer payment because the government is not receiving any goods or services in exchange for the payment.
- Therefore, interest on public debt is a part of transfer payments made by the government.
In summary:
- Interest on public debt is a transfer payment made by the government.
- Transfer payments are payments made without any exchange of goods or services.
- Therefore, interest on public debt is a part of transfer payments made by the government.
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Interest on public debt is part of a)transfer payments by the enterprises b)transfer payments by the government c)national income d)interest payments by householdsCorrect answer is option 'B'. Can you explain this answer?
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Interest on public debt is part of a)transfer payments by the enterprises b)transfer payments by the government c)national income d)interest payments by householdsCorrect answer is option 'B'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Interest on public debt is part of a)transfer payments by the enterprises b)transfer payments by the government c)national income d)interest payments by householdsCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Interest on public debt is part of a)transfer payments by the enterprises b)transfer payments by the government c)national income d)interest payments by householdsCorrect answer is option 'B'. Can you explain this answer?.
Interest on public debt is part of a)transfer payments by the enterprises b)transfer payments by the government c)national income d)interest payments by householdsCorrect answer is option 'B'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Interest on public debt is part of a)transfer payments by the enterprises b)transfer payments by the government c)national income d)interest payments by householdsCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Interest on public debt is part of a)transfer payments by the enterprises b)transfer payments by the government c)national income d)interest payments by householdsCorrect answer is option 'B'. Can you explain this answer?.
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