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WAEC Economics 2017 Objective — Question 31

Question 31 of 50 from the West African Examinations Council (WAEC) Economics 2017 Objective paper, with the correct answer and a full explanation.

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Which of the following is a transfer income?

  • A. A. Dividends
  • B. B. Rent
  • C. C. PensionsCorrect
  • D. D. Interest

Explanation

Pensions are not worked for; thus, considered as part of transfer income such as gift.

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