Transfer payments by governments are viewed as
Show Hint
- Negative taxes
- Indirect taxes
- Non-tax revenues
- Transfer of wealth
The Correct Option is A
Solution and Explanation
Step 1: Understand what transfer payments are.
Transfer payments are payments made by the government to individuals without any exchange of goods or services. Examples include unemployment benefits, pensions, and subsidies. These payments do not directly relate to the production of goods or services.
Step 2: Interpret the economic classification.
Transfer payments are termed "negative taxes" because they are payments from the government to individuals, essentially reversing the usual flow of taxes. Rather than collecting revenue, the government is disbursing funds.
Top Questions on Linear Algebra
- Which of the following statements are correct?
If \[ A = \begin{pmatrix} p & q \\ 0 & 1 \end{pmatrix}, \quad B = \begin{pmatrix} 1 & q \\ 0 & 1 \end{pmatrix}, \] then
(A) \[ B^n = \begin{pmatrix} 1 & nq \\ 0 & 1 \end{pmatrix} \]
(B) \[ A^n = \begin{pmatrix} p^n & q\frac{p^n-1}{p-1} \\ 0 & 1 \end{pmatrix}, \; \text{if } p \neq 1 \]
(C) \[ AB = \begin{pmatrix} p & pq+q \\ 0 & 1 \end{pmatrix} \]
(D) \[ B^{n-1} = \begin{pmatrix} 1 & (n+1)q \\ 0 & 1 \end{pmatrix} \]
(E) \[ AB^n = \begin{pmatrix} p & (np+1)q \\ 0 & 1 \end{pmatrix} \]
Choose the correct answer from the options given below:- CUET (PG) - 2025
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x + 4y + \(\lambda\)z = \(\mu\)
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Questions Asked in GATE XH-C1 exam
Two players \( A \) and \( B \) are playing a game. Player \( A \) has two available actions \( a_1 \) and \( a_2 \). Player \( B \) has two available actions \( b_1 \) and \( b_2 \). The payoff matrix arising from their actions is presented below:
Let \( p \) be the probability that player \( A \) plays action \( a_1 \) in the mixed strategy Nash equilibrium of the game.
Then the value of p is (round off to one decimal place).- GATE XH-C1 - 2025
- Logical Reasoning
Eight students (P, Q, R, S, T, U, V, and W) are playing musical chairs. The figure indicates their order of position at the start of the game. They play the game by moving forward in a circle in the clockwise direction.
After the 1st round, the 4th student behind P leaves the game.
After the 2nd round, the 5th student behind Q leaves the game.
After the 3rd round, the 3rd student behind V leaves the game.
After the 4th round, the 4th student behind U leaves the game.
Who all are left in the game after the 4th round?
Here are two analogous groups, Group-I and Group-II, that list words in their decreasing order of intensity. Identify the missing word in Group-II.
Abuse \( \rightarrow \) Insult \( \rightarrow \) Ridicule
__________ \( \rightarrow \) Praise \( \rightarrow \) Appreciate
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- Had I learnt acting as a child, I ________ a famous film star.
Select the most appropriate option to complete the above sentence.