1. Bond prices and interest rates are inversely related.
True
False
2.
Government programs that guarantee citizens financial benefits for events beyond their personal control and that are financed through tax revenues are called
a.social insurance programs.
b.entitlement programs.
c.private insurance programs.
d.welfare programs.
e.transfer programs.
3.
The most significant argument against privatizing Social Security is that
a.benefits would have to be cut.
b.it has not worked in other countries.
c.future benefits levels cannot be guaranteed.
d.it is too complicated to be practical.
e.taxes would have to be raised.
True
False
2.
Government programs that guarantee citizens financial benefits for events beyond their personal control and that are financed through tax revenues are called
a.social insurance programs.
b.entitlement programs.
c.private insurance programs.
d.welfare programs.
e.transfer programs.
3.
The most significant argument against privatizing Social Security is that
a.benefits would have to be cut.
b.it has not worked in other countries.
c.future benefits levels cannot be guaranteed.
d.it is too complicated to be practical.
e.taxes would have to be raised.