Which of the Following Statements Is Incorrect About Grant Programs

question 66

Multiple Choice

Which of the following statements is incorrect about grant programs?

• A) Granting agencies are very visible and well-known, so it's normally not hard to find one.
• B) The federal government has grant programs beyond the SBIR and STTR programs.
• C) It's important to avoid grant-related scams.
• D) There is a limited number of organizations that offer new businesses grants.
• E) There are private foundations that grant money to both existing and startup firms.

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Definitions:

Paul Volcker

A former Chairman of the Federal Reserve known for his measures to combat inflation through high interest rates in the late 1970s and early 1980s.

Contractionary Policy

Economic policy measures aimed at reducing spending or increasing taxes to slow down an overheating economy.

U.S. President

The U.S. President is the head of state and head of government of the United States, and is responsible for the executive branch of the federal government.

Real Wages

Wages adjusted for inflation, representing the purchasing power of income earned from labor.