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7 August, 16:14

Transfer payments refer to funds that are transferred from one group in society to another group:

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  1. 7 August, 16:32
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    And these payments represent a growing share of U. S. federal outlays. In general, most of general spending (welfare or infrastructures) that the federal government took is a form of transferm payments because it transfer the income from people with salaries for the benefit of all members of society who needed the federal aid.
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