1) A government transfer payment is a payment

A) Made to transfer workers form one area to another

B) To a person NOT in return for goods or services

C) Made to a person who works for the government

D) For roads built by the government

2) Medicare, Medicaid, and Food Stamps are examples of programs that provide

A) "in-kind" assistance to the poor

B) Guaranteed levels of income for the poor

C) Training and job experience for the poor

D) Income transfers from the poor to business firms

3) According to recent studies, which of the following programs is most likely to pull the average poor family above the official poverty threshold?

A) Earned Income Tax Credit (EITC)

B) Temporary Assistance for Needy Families (TANF)

C) Supplemental Security Income

D)Aid to Families with Dependent Children (AFDC)

4) Median earnings of year-round, full-time women workers are considerably less than those for men because women have

A) Lower productivity in jobs

B) Higher absence rates

C) Less permanent attachment to jobs

D) A different distribution among various occupations

5)Discrimination is indicated when

A) Whites are paid more than blacks

B) People having equal productivity receive unequal pay

C) Incomes differ between males and females

D) People are treated differently on the basis of individual merit

6) Which of the following is true concerning Social Security's retirement benefit structure?

A) All eligible retired workers are entitled to the same benefits

B) High wage workers receive a greater percentage of past earnings in benefits than low wage workers

C) Retired female workers are entitled to higher benefits than retired male workers

D) Low wage workers receive a greater percentage of past earnings in benefits than do high wage workers

7) Why can't Social Security rely on a strict pay-as-you-go financial structure?

A) The current generation of workers is too small to support future retirees

B) A pay-as-you-go financial structure is inherently unstable

C) The current generation of retirees will bankrupt the system before the "baby boom" retires

D) Inflation erodes the value of contributions that must be saved to pay future retirees

8) Social insurance uses tax revenues to guarantee citizens financial benefits for events including

A) Disability

B) Poor health

C) Death of a spouse

D) All of the above

10) When was the Medicare program established?

A) 1965

2) 1945

3)1955

4) 1935

10) A person with health insurance will tend to

A) Have a lower demand for health care services

B) Have a much greater concern for preventive care

C) Buy a lower quantity of health care at a higher price

D) Demand more health care services than a person without insurance

11) The Medicare program

A) Was established as a socialistic takeover of health care providers

B) Has reduced the demand for health care services

C) Affects persons 65 and older, regardless of income

D) Enrolls all poor people regardless of age

12) Health insurance results in

A) An increase in the quantity of health care demanded

B) An increase in the quantity of health care provided

C) An increase in the total cost of providing health care

D)All of the above