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Subsidies to the poor should be treated as transfer payment. Defend or refute

Posted by Keya Ahir 8 months, 3 weeks ago

CBSE > Class 12 > Economics

2 answers

Arjun Kumar 5 months ago

I defend this statement. Subsidies to the poor is a transfer payment, since for it he didn't do any rended any productive services in lieu of.

0Thank You

Selva Joe 8 months, 3 weeks ago

I Defend the statement . Subsidies to the poor is a transfer payment because A transfer payment is a one-way payment to a person or organization .This contrasts with a simple "payment," which in economics refers to a transfer of money in exchange for a product or service

2Thank You

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