Economics Multiple Choice Question – 3 May 2021

Which term is given to an income received by an individual for which there is no corresponding contribution to output?

Select ONE answer:

1. profit
2. revenue
3. salary
4. transfer payment

Show your workings to arrive at your answer, and explain and justify your reasons:……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple choice question is suitable for Economics KS4 and KS5 classes.

The answer is 4

1. Not correct
2. Not correct
3. Not correct
4. Correct

This work is licensed under a Creative Commons Attribution 4.0 International License.