_____ 36. Social Security & Medicare programs are sometimes known as: a. Social

ID: 1097575 • Letter: #

Question

_____ 36. Social Security & Medicare programs are sometimes known as:

a. Social extensions.

b. Entitlement programs.

c. Free money

d. Bonus programs.

e. Compensation programs.

______ 37. A major difference between social insurance and income assistance programs is that:

a. Social insurance program are run by the states, and income assistance programs are

fun by the federal government.

b. Funding for social insurance programs comes exclusively from the federal

government, while income assistance programs are funded both at the state and

federal levels.

c. Payments in social insurance programs are related to previous contribution to the

programs, while payments in income assistance programs are not.

d. Social insurance programs are available only to households with children.

e. Income assistance programs are available only to households without children.

_____ 38. If a person

36) b. Entitlement programs.

37) b. Funding for social insurance programs comes exclusively from the federal

government, while income assistance programs are funded both at the state and

federal levels.

38) a. His marginal value product curve will shift to the left.

39) a) Strong economic growth

40) d. Has decreased somewhat when there is a growing economy and more jobs

41) c) American Association of Retired Persons (AARP)

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