An example of transfer payments is
- a)Old age pension
- b)Retirement pension
- c)Free meals in the company canteen
- d)Employers’ contribution for social security
Correct answer is option 'A'. Can you explain this answer?
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Answers
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Rakesh Singh
Jan 18, 2022 |
Because old age pension is a type of Financial assistance given by the government to old people without providing any factor services
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Shradha Kumari
Sep 13, 2018 |
Transfer payments are unilateral ( one sided payments ) no corresponding flow of goods and services for example: donation, old age pension, unemployment allowance etc
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Aditi Mittal
Feb 17, 2022 |
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Transfer payments are unilateral ( one sided payments ) no corresponding flow of goods and services for example: donation, old age pension, unemployment allowance etc
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Mohd Bilal
Jan 10, 2019 |
Current transfer are unilateral ....there are no expectation in return .....so old age pension (the government does not expect anything in return).....
in other cases of your question all of them are current transfer I hope I answered your question......
in other cases of your question all of them are current transfer I hope I answered your question......
Because old age pension is a type of Financial assistance given by the government to old people without providing any factor services
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Because old age pension is a type of Financial assistance given by the government to old people without providing any factor services
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