The Passage of TANF Has Resulted in Which of the Following

question 13

Multiple Choice

The passage of TANF has resulted in which of the following?

• A)the reduction of the child poverty rate
• B)a greater awareness of poverty in American society
• C)a reduction in single parent households
• D)a dramatic reduction in the size of the welfare rolls
• E)a greater stigma associated with EITC

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Definitions:

Equity

The total value of a company's ownership interest by its shareholders, calculated as assets minus liabilities.

Profitability Ratios

Those ratios—gross profit rate, return on sales, return on total assets, and return on common stockholders’ equity—which measure a company’s ability to earn a profit.

Liquidity Ratios

The two ratios—current ratio and acid test ratio—which measure a company’s ability to pay off short-term debts.

Debt Management

The process of overseeing and controlling an individual's or organization's debt load through various strategies and planning.