Needs-Tested Spending Is Defined as

question 31

Multiple Choice

Needs-tested spending is defined as

• A)spending by the President on the White House.
• B)spending that increases in expansions and decreases in recessions.
• C)spending by Congress on its own perks of office.
• D)spending on programs for people qualified to receive benefits.
• E)taxes paid by those qualified by their income.

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Definitions:

Treasury Bills

Short-term government securities with maturities of one year or less, sold at a discount from their face value.

Weak Form Efficient

A form of market efficiency that asserts all past prices of a stock are reflected in its current price, hence technical analysis cannot predict future movements.

Insider Information

Confidential information about a company that has not been made public and is used by someone to gain an advantage in the stock market.

Historical Price Patterns

The analysis of past price movements to forecast future price behavior in financial markets.