Which of the following is not an example of a transfer payment?

Welfare payments to firms or individuals

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Social Security payments

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Unemployment compensation

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A corporate tax cut

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Solution

The correct option is D
A corporate tax cut

A corporate tax cut is not a transfer payment.

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Similar questions

___ may be individuals, partnership firms or corporate bodies. They are the intermediaries between the buyers and sellers of securities.

Which of the following is/are the criteria for the formality or informality of a firm?

1. Provision for Social Security to the employees.

2. When firms are part of tax net.

3. When firms are registered under the GST.

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