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Today, 13:47

This is the general term for a payment made by the government to someone who does not produce a good or service in return.

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  1. Today, 16:22
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    This is transfer payment.

    Explanation:

    For making this payment to a recipient, a citizen, the government does not get a service or a good in return. Payments made under social welfare programs such as retirement pensions, disability pensions, student grants, social security, unemployment benefits, etc., fit into this category.
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