asked 38.7k views
1 vote
A form of government spending that is not made in exchange for a currently produced good or service is called

1 Answer

1 vote

Answer:

Transfer payment

Step-by-step explanation:

Transfer payment in finance can be as well regarded as " government transfer" it is income and wealth redistribution which occur when payment is made by government without exchange of goods or services in return. It should be noted that Transfer payment is a form of government spending that is not made in exchange for a currently produced good or service. Some of the common transfer payment type is social insurance programs, as well as business subsidies.

answered
User Tobias Breuer
by
8.3k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.