The CLASS Plan, Effective January 1, 2011, Enables Consumers to Purchase

question 1

True/False

The CLASS Plan, effective January 1, 2011, enables consumers to purchase community living assistance services.
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Definitions:

Treasury Bill

A short-term government security issued at a discount from the face value and pays no interest.

Commercial Paper

An unsecured, short-term debt instrument issued by corporations, typically for financing accounts receivable and inventories.

Certificates of Deposit

A savings certificate with a fixed maturity date and specified fixed interest rate, often issued by banks.

Net Float

The difference between check amounts written and deposited in the clearing process, affecting the available balance in the account.