Question

U.s. government transfer payments that depend on the income of the recipient are known as

Answer 1

Answer:

means transfer payment

Explanation:

Transfer payment  are any amount of money that the government gives to individuals. There are 2 types of transfer payments:

1. A means transfer payment  depends on the income of the recipient.
2. Social insurance transfer  payments do not depend on the income of the recipient (e.g. social security payments).