Examlex

Solved

Programs Like Social Security Are Referred to as "Entitlement Programs

question 90

Multiple Choice

Programs like Social Security are referred to as "entitlement programs" because:


Definitions:

Pecking Order

A social hierarchy among a group, where individuals or entities are ranked relative to each other.

Luxury-Goods Spending

The expenditure on products and services that are considered high-quality, prestigious, and often more expensive than necessary.

Consumer Optimism

The tendency of consumers to hold positive expectations about the overall economy or their personal financial situation.

Tightwad

Refers to a person who is extremely unwilling to spend money; often perceived negatively.

Related Questions