A-LevelEconomicsGovernment macroeconomic intervention9708/12 · Feb/Mar 2021 · Q151 Mark
What would be a transfer payment?
Athe payment made by a company to its shareholders out of its profits
Bthe payment made for a legal document to transfer ownership of a house
Cthe payment made to a retired person in the form of a pension
Dthe payment made to a professional sports team for the transfer of a player
✓ Correct answer
C: the payment made to a retired person in the form of a pension
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