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Current transfers in macroeconomics refer to one-way transactions where resources are transferred between entities without any corresponding return of goods or services. These can include remittances sent by individuals working abroad, governmental aid to foreign countries, or social benefits distributed to individuals within a country. Current transfers are part of a country's balance of payments and can impact its income and spending patterns. They do not affect the capital account but play a role in assessing a nation's economic health and external trade relationships.

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