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Andrew Kauffman
on Oct 13, 2024

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Which of the following is NOT an example of a transfer payment?

A) The salaries received by social workers employed by the federal government.
B) Food stamps.
C) Unemployment compensation.
D) Social security payments.
E) Payments under the Aid to Families with Dependent Children program.

Transfer Payment

Payment by one branch of government to another or to an individual. Largest transfer payment is Social Security.

Aid to Families

Programs providing financial or other assistance to families, often targeting housing, healthcare, or income support.

Dependent Children

Individuals, typically under the age of 18, who rely on adults for financial support and care.

  • Grasp the concept and examples of transfer payments in the context of government spending.
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Giovana SantoroOct 16, 2024
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