Which Statement About the Social Security Act Is FALSE

question 24

Multiple Choice

Which statement about the Social Security Act is FALSE?

• A) It included aid to families with dependent children.
• B) It was original in its concept and design.
• C) Congress dropped the provision for national health insurance from the original bill.
• D) It created a system of unemployment insurance.

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Definitions:

CAPM

The Capital Asset Pricing Model; a formula that calculates expected return on investment based on its risk relative to the market.

Risk-Free Rate

The projected gain from an investment without any risk, commonly exemplified by the returns on government bonds.

Market Proxy

A benchmark or index that represents the overall movement of the market, used for comparative analysis of an investment's performance.

CAPM

Capital Asset Pricing Model, a formula that describes the relationship between the expected return of an investment and its risk.