The First-Come,first-Served Method of Resource Allocation Allocates Resources to

question 70

Multiple Choice

The first-come,first-served method of resource allocation allocates resources to

• A)the wealthiest.
• B)people who are willing to take risks.
• C)people who are not willing to take risks.
• D)the first in line.
• E)honest,hard-working people.

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Definitions:

Medicaid

A health care program in the United States that provides medical assistance to individuals and families with low income and resources, jointly funded by the state and federal governments.

Personal Responsibility

The concept of individuals taking accountability for their actions and welfare.

Cash-Assistance Programs

Cash-assistance programs provide direct monetary aid to individuals or families, typically aimed at those in poverty, to help cover basic needs like food, shelter, and healthcare.

Legal Immigrants

Individuals who have been granted the right to live permanently and legally within a country that is not their country of birth.