Question

is old age pension example of factor income or transfer income

Answer 1

transfer income,

cuz its not earned by the person, but simply given to the person because of his age

Answer 2

all kinds of charity come under this 'transfer income'

Answer 3

transfor income is tht which is given by govt right na

Answer 4

yup, given by government, without u doing any effort

Answer 5

k
i need ur more help

Answer 6

il try... im not so good wid eco

Answer 7

can u classify all these under factor income or transfer income
1 employers contribution to social security scheme

Answer 8

scholarship given by govt to students

Answer 9

3) bonus given to employees by employer

Answer 10

hello
r u there

Answer 11

1 employers contribution to social security scheme
3) bonus given to employees by employer

these two are earned by working. so these are Factor incomes

Answer 12

let me think about scholarship

Answer 13

k

Answer 14

and one more

Answer 15

purchase of furniture by a firm and expenditure on maintence by firm but u have to tell whether its is final expenditure or not

Answer 16

scholar ships fall under 'transfer income'
cuz you're given scholarships free, without u giving anything in return

Answer 17

thanku and last to que answers

Answer 18

purchase of furniture by a firm and expenditure on maintence by firm but u have to tell whether its is final expenditure or not

im not sure of this q sorry :(

Answer 19

k no problem its fine