Which Statement About the Japanese Social Welfare System Is NOT

question 28

Multiple Choice

Which statement about the Japanese social welfare system is NOT correct?

• A) It is comparable to that of the United States but compares poorly with other Western countries.
• B) Social welfare spending is concentrated in pensions and health care for the elderly.
• C) The development of a national welfare system was mandated by the postwar constitution.
• D) Social welfare is the largest government budget item.

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Definitions:

Inputs

The resources such as labor, materials, and capital that are used in the production process to create goods and services.

Returns To Scale

The rate at which output increases in response to proportional increases in all inputs or factors of production.

Production Function

An equation that describes the maximum amount of output that can be obtained from a given number of inputs.

Output

The total amount of goods or services produced by a company, country, or economic system.