Safety Net Programs Generally Consist of Only About _____ of the Federal

question 33

Multiple Choice

Safety net programs generally consist of only about _____ of the federal budget.

• A) 9%
• B) 15%
• C) 22%
• D) 31%

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Definitions:

Treasury Bonds

Long-term government securities issued with the purpose of financing government spending and are seen as low-risk investments.

Treasury Bills

Short-term government securities issued at a discount from their face value, with maturities ranging from a few days to 52 weeks.

Volatile

Describes an investment or market that shows frequent and significant price changes over a short period of time.

Nominal Rate of Interest

The rate of interest before adjusting for inflation, reflecting the rate at which money grows over time.