Which Program Has Been Very Successful in Keeping the Elderly

question 9

Multiple Choice

Which program has been very successful in keeping the elderly out of poverty?

• A) Temporary Assistance for Needy Families
• B) The Department of Housing and Urban Development's housing programs
• C) Supplemental Security Income
• D) The Social Security system

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Definitions:

Charitable Organization

A nonprofit entity that operates for the public good, often focused on educational, religious, or humanitarian goals.

Publicly-traded Corporation

A company whose shares are openly sold and traded to the public on one or more stock exchanges.

Earnings and Profits

A measure used by the IRS to determine a corporation’s ability to pay dividends to its shareholders.

Stockholder Basis

The total amount invested in a company by shareholders, including the purchase price of shares, which is used to determine capital gains or losses for tax purposes.