In an Attempt to Stem the Rising Tide of Illegitimacy

question 67

Multiple Choice

In an attempt to stem the rising tide of illegitimacy rates and single-parent families among the poor, which act mandated two-parent coverage for all state AFDC programs?

• A) the Family Support Act in 1988
• B) the Supplemental Security Income
• C) the Affordable Care Act
• D) Temporary Assistance to Needy Families

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Definitions:

Interest Rate

The part of a loan that incurs interest charges for the borrower, usually shown as an annual percent of the outstanding loan.

Investment

Allocating resources, such as capital or time, with the expectation of generating an income or profit.

Interest

The cost of borrowing money, typically expressed as a percentage of the amount borrowed, or the income earned from deposited funds.

Interest Rate

The proportion, in percentage, charged on the total amount borrowed or earned on the deposited amount over a specific time period.