Question

U.s. government transfer payments that depend on the income of the recipient are known as

Answer 1

means transfer payment

Step-by-step explanation:

Transfer payment are any amount of money that the government gives to individuals. There are 2 types of transfer payments:

1. A means transfer payment depends on the income of the recipient.
2. Social insurance transfer payments do not depend on the income of the recipient (e.g. social security payments).