The Largest Single Expansion in Contributory Programs After 1935 Was

question 85

Multiple Choice

The largest single expansion in contributory programs after 1935 was the establishment in 1965 of

• A)Medicare.
• B)Medicaid.
• C)food stamps.
• D)the School Lunch program.
• E)Aid to Families with Dependent Children.

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Definitions:

Sale

A transaction between two parties where the buyer receives goods, services, or assets in exchange for money or other forms of compensation.

Issuing Bonds

The process of a borrower offering bonds to investors as a form of debt securities to raise capital.

Discount

A reduction in the price of goods or services offered by a seller, or the amount by which a bond is sold below its par value.