Which of the Following Statements Is True of Federal Government

question 52

Multiple Choice

Which of the following statements is true of federal government spending for 2016?

• A) Social Security and Medicare are available only to low-income individuals.
• B) Along with veterans' benefits, defense spending amounts to about a fifth of the federal budget.
• C) Temporary Assistance for Needy Families accounts for 22 percent of the federal budget.
• D) Medicaid is funded by payroll taxes and paid out to all qualifying persons, regardless of income.
• E) National debt is most likely to decrease in future years.

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Definitions:

Dimensions

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Timmons Model

A model of entrepreneurship that emphasizes the dynamic balance between opportunity, resources, and the entrepreneurial team in the successful creation of a venture.

Idiosyncratic Bundle

A unique combination of resources, capabilities, and technologies that a company possesses, distinguishing it from competitors.

Resources And Capabilities

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