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

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Business

Kenny Hartman

4 January, 11:31

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

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Ada · Answer 1

means transfer payment

Explanation:

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

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