Which of the following is a true statement concerning federal transfer payments?

A) Transfer payments ultimately must be repaid to the government by recipients.
B) Transfer payments are included in the imports category of GDP.
C) Transfer payments are included in the net exports category of GDP.
D) Transfer payments are payments made by the government for which no good or service is currently received in return.

Federal Transfer Payments

Payments from the federal government to individuals, states, or other governmental entities without any requirement for repayment.

GDP

GDP, the cumulative market price of all ultimate goods and services produced within the confines of a country over an allotted timeframe.

Government

The system or group of people governing an organized community, often a state, including institutions and mechanisms that regulate and guide the community or society.