Examlex
Select the phrase that correctly completes the following statement."A positive change in technology caused an increase in the supply of flat-screen televisions.As a result ________."
Entitlement Programs
Government programs that guarantee certain benefits to a particular group or segment of the population, such as Social Security or Medicare in the United States.
Presidential Discretion
The authority and freedom of action granted to the President in areas not explicitly defined by the constitution or statutes, often in the context of national security or foreign policy.
Transfer Payments
Payments made by the government to individuals through various social benefit programs, without any goods or services being received in return.
Social Security Benefits
Government programs designed to provide financial support to individuals during retirement, disability, or upon death, ensuring income for beneficiaries.
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