Noncontributory Programs, Such as Medicaid, Are Implemented in Part Through

question 73

Multiple Choice

Noncontributory programs, such as Medicaid, are implemented in part through means testing, meaning that:

• A) potential benefit recipients have their eligibility determined through a process involving proof of income and need.
• B) the programs are administered by the states, which all have strict eligibility rules.
• C) the programs' generosity differs from place to place, given a federal formula involving recipient incomes and local cost of living.
• D) potential benefit recipients must prove only that they live below the poverty line.

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Definitions:

Fixed Charges

Fixed charges are ongoing, regular expenses that a company or individual must pay, such as loans, rent, and utility bills, which do not vary with business volume or activity.

Floating Charges

A security interest over a pool of changing assets of a company which "floats" until it is converted into a fixed charge, generally upon the occurrence of a default event.

Quebec Charter

A legal framework specific to the province of Quebec that outlines individual rights and freedoms.

French Language

A Romance language spoken as a first language in France, parts of Belgium and Switzerland, and in many other countries as a second language.