A-LevelEconomicsThe macroeconomy9708/12 · Feb/Mar 2020 · Q181 Mark
What is an example of a transfer payment?
Ahousehold moving savings from one bank account to another
Bmonthly repayment on a loan used to buy a new cooker
Cthe amount paid to transport goods from one city to another
Dthe payment of student grants by the government
✓ Correct answer
D: the payment of student grants by the government
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