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which of the following is a transfer income

Economics
WAEC 2017

which of the following is a transfer income

  • A. dividends
  • B. rent
  • C. pensions
  • D. interest
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Correct Answer: Option C
Explanation

Examples of transfer payments include welfare, financial aid, social security, and government making subsidies for certain businesses.

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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Your School's Whatsapp Group - Join Us now
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Your School's Whatsapp Group - Join Us now
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post UTME Past Questions Agent
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts