Which of the Following Is a Basic Concept Inherent in the Residual

question 19

Multiple Choice

Which of the following is a basic concept inherent in the residual perspective on social welfare policies and programs?

• A)Social welfare policies and programs should be reactive, solving problems only after they occur.
• B)Providing ongoing support to all people is highly important.
• C)Social welfare policies and programs should provide ongoing support to all people in need.
• D)It is not people's fault that they require social welfare services.

---

Definitions:

Consumption

Utilization of products and services by household members.

Present Value

The contemporary estimate of a future monetary sum or cash flows, evaluated with a given return rate.

Investment Projects

Initiatives or plans undertaken by individuals or organizations to allocate resources with the expectation of generating future profits.

Budget Set

The collection of all possible bundles of goods and services that a consumer can afford given their income and the prices of goods.