Which of the Following Programs Is the Public LEAST in Favor

question 64

Multiple Choice

Which of the following programs is the public LEAST in favor of cutting?

• A) space program
• B) welfare
• C) defense
• D) Social Security
• E) transportation

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Definitions:

Disposable Income

Financial allotment for households' saving and spending requirements after income tax subtractions.

MPC

Marginal Propensity to Consume refers to the fraction of any additional income that is used for consumption purposes.

Consumption

The act of households utilizing goods and services.

Disposable Income

The sum of funds that families can allocate to expenditure and savings once they've paid their income taxes.