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Which of the following are examples of transfer payment

Which of the following are examples of transfer payment
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Gift and donations
  • B Rents and rates
  • C Profit and dividends
  • D Internal and external debts
Correct Answer: Option A
Explanation:
Examples of transfer payments include welfare, financial aid, gifts, social security, and government making subsidies for certain businesses.

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