Net Transfers
Definition
Net transfers are payments made by individuals or governments that do not involve any exchange of goods or services. They include items like social security benefits, welfare payments, and foreign aid.
Related terms
Transfer Payments: Transfer payments are government payments made to individuals or businesses without expecting any goods or services in return.
Social Security Benefits: Social security benefits are financial assistance provided by the government to support retired or disabled individuals.
Foreign Aid: Foreign aid is financial assistance provided by one country to another country for various purposes such as economic development or disaster relief.
"Net Transfers" appears in:
Study guides (1)
AP Macroeconomics - 6.1 Balance of Payments Accounts
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CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Cram Events
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Help Center
© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.