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A form of government spending that is not made in exchange for a currently produced good or service is called

User Rich Jenks
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Answer:

Transfer payment

Step-by-step explanation:

Transfer payment in finance can be as well regarded as " government transfer" it is income and wealth redistribution which occur when payment is made by government without exchange of goods or services in return. It should be noted that Transfer payment is a form of government spending that is not made in exchange for a currently produced good or service. Some of the common transfer payment type is social insurance programs, as well as business subsidies.

User Tobias Breuer
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