Multiple choice

Disability payments is an example of

  1. transfer payments

  2. tax

  3. commercial revenue

  4. administrative revenue
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

It is an example of transfer payments. The disability payment is the money given by the government to the person who is unable to work because of the disability. Transfer payment is the money given by the government to its citizens for social welfare. The disability payment is also given as part of social welfare, hence it is an example of transfer payment.

Keep practicing — related questions