Which of the Following Is Comprised of a Defined Sum

question 6

Multiple Choice

Which of the following is comprised of a defined sum of money that is set aside for a particular program over a certain amount of time?

• A) Entitlement program
• B) Block grant
• C) Welfare program
• D) Subsidized grant

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Definitions:

P(B)

P(B) denotes the probability of an event B occurring in the context of probability theory and statistics.

Mutually Exclusive

Describes two events that cannot occur at the same time. The occurrence of one event means the other cannot occur.

Independent Events

Two or more events where the occurrence of one event does not affect the probability of the other events occurring.

Dependent Events

Events whose occurrence or outcome is influenced by another event happening.