answersLogoWhite

0

The answer is that the recipients make no contribution to current production in return for them.

User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

A distinguishing characteristic of public transfer payments is that?

The answer is that the recipients make no contribution to current production in return for them.


How do you calculate public savings?

Taxes- Government Spending- Transfer Payments


Transfer payments are what percent of US domestic output?

transfer payments are about of U.S. domestic output as of 2009


Capitation payments are most characteristic of?

The answer is PGPs.


What best describes government payments to a person or business?

Transfer Payments


What terms best describes government payments to a person or business?

Transfer Payments


Welfare checks and food stamps are examples of?

Transfer Payments In the US, Social Security is not, strictly speaking, a transfer payment; it's social insurance. Welfare payments and Medicaid may also be described as entitlement programs.


Are transfer payments included in GDP calculations?

No, transfer payments are not included in GDP calculations because they do not represent actual production of goods and services.


Terms best describes government payments to a person or business?

Transfer Payments


Why are transfer payments not included as a government expenditure when calculating GDP?

Transfer payments are not included as a government expenditure when calculating GDP because they do not represent the production of goods or services. Instead, transfer payments are simply the redistribution of income from one group to another, such as social security benefits or welfare payments. Including transfer payments in GDP calculations would result in double counting, as the original production of goods and services that generated the income has already been accounted for.


What do taxes and transfer payments act as?

Multiplier Effect


Why are transfer payments not included in GDP?

Transfer payments are not included in GDP because they do not reflect actual production of goods and services in the economy. Instead, transfer payments are simply transfers of money from one group to another, such as government benefits or subsidies, and do not directly contribute to the overall economic output.