"Should Welfare Recipients Repay the State Before They Collect Their

question 58

Multiple Choice

"Should welfare recipients repay the state before they collect their winnings from the lottery? On the one hand, if you borrow money from somebody and win the lottery with it, you should repay the loan out of your winnings. But on the other hand, welfare is not a loan. It is a payment to people to help them improve their lives in the best way they can." Which of the following best states the primary issue discussed in the passage?

• A)whether welfare is a loan
• B)whether welfare should be used to play the lottery
• C)whether welfare recipients should repay the state before they collect winnings from the lottery
• D)whether the fact that welfare is a loan means that welfare recipients should repay the state before they collect winnings from the lottery

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Definitions:

Gold Standard

A monetary system where a country's currency or paper money has a value directly linked to gold.

Managed Float

A currency exchange rate policy where a currency's value is allowed to fluctuate in response to foreign exchange market mechanisms, but the central bank may intervene to stabilize the currency if necessary.

Managed Floating

An exchange rate system where a country's currency value is allowed to fluctuate in response to foreign-exchange market mechanisms, but the central bank can intervene to prevent extreme fluctuations.