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The Supplemental Nutrition Assistant Program (SNAP), Which Replaced the Federal

question 40

Multiple Choice

The Supplemental Nutrition Assistant Program (SNAP) , which replaced the federal food stamps of earlier times with debit cards that can be used to buy food, is an example of a program that offers __________ benefits to lower-income people.


Definitions:

Bankruptcy

A legal proceeding involving a person or business that is unable to repay outstanding debts.

Cash Flow

The net amount of cash being transferred into and out of a business, measuring its financial health.

Bond Issuing

The process by which a borrower (corporate or governmental) raises funds by selling bonds to investors.

Coupon Rate

The interest rate stated on a bond or other fixed-income security, determining the periodic interest payments to the bondholders.

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