Which of the Following Programs Is Most Clearly Advantageous to Those

question 117

Multiple Choice

Which of the following programs is most clearly advantageous to those with lower levels of income?

• A) farm subsidy programs
• B) the Social Security retirement program
• C) the Earned Income Tax Credit
• D) credit subsidies provided by the Import-Export bank to business firms that sell goods abroad

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Definitions:

Wall Street Journal

A well-known international daily newspaper focusing on finance, business, and economic news, as well as market developments.

SOX

Refers to the Sarbanes-Oxley Act of 2002, a United States federal law that set new or expanded requirements for all U.S. public company boards, management and public accounting firms, aiming to protect investors from fraudulent financial reporting.

Public Accounting Firms

Professional services organizations that provide accounting, audit, tax, and consulting services to businesses and individuals.

Real Risk-free Rate

The rate of return on an investment with no risk of financial loss, adjusted for inflation.