A-LevelEconomicsThe macroeconomy9708/12 · Oct/Nov 2020 · Q171 Mark

What is necessary for an action to be classed as a transfer payment?

AIt must include a cash payment.

BIt must involve a banking transaction.

CIt must originate from government activity.

DIt must relate to a non-productive activity.

✓ Correct answer

D: It must relate to a non-productive activity.

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Topic: The macroeconomy, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source: A-Level Economics, Oct/Nov 2020 Paper 1 Variant 2, question 17.

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