A Distinguishing Characteristic Of Public Transfer Payments Is That:

(Correct Answer Below)

A Distinguishing Characteristic Of Public Transfer Payments Is That:

A. there is a tax on the amount of the subsidy above a certain income level. B. the recipients make no contribution to current production in return for them. C. they are used to subsidize the major transportation carriers to reduce transportation costs. D. they are counted as part of government purchases in the calculation of the gross domestic product.
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B. the recipients make no contribution to current production in return for them.
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