Which of the following is not an example of a transfer payment?
A) social security.
B) sales tax.
C) unemployment benefits.
D) workman's compensation.

Question

Quizplus · Accepted Answer

Transfer payments are payments made by the government to individuals or groups without any expectation of receiving goods or services in return. Social security, unemployment benefits, and workman's compensation are all examples of transfer payments. Sales tax, on the other hand, is a tax on goods and services purchased and therefore not a transfer payment.

Which of the Following Is Not an Example of a Transfer