Economics Multiple Choice Question – 19 September 2021

Which of the following is a transfer payment?

Select ONE answer:

1. the advertising expenditure of a firm
2. the allowance given by a parent to their child while at school
3. the rent paid to a land owner by a tenant farmer
4. the wage paid to a worker in the government service

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 2

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

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