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  • 14-05-2021
  • Social Studies
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Explain the difference between government subsidies and transfer payments. Give an example of a transfer payment.

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sigdeldadhiraj
sigdeldadhiraj sigdeldadhiraj
  • 14-05-2021

Answer:

hope it helps u

Explanation:

Subsidies are government financial aid given to businesses meant to help lower their costs or stimulate the economy. Transfer payments are government payments in which the government takes money from one group and gives it to another

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