The Food Stamp Program,which Is Given Only to Individuals Who

question 25

Multiple Choice

The food stamp program,which is given only to individuals who can demonstrate that they meet the needs-based criteria for the program,is an example of a program that is

• A)means-tested.
• B)needs-certified.
• C)indigence-verified.
• D)subsistence-confirmed.
• E)threshold-compliant.

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Definitions:

Confirmation Bias

The tendency to search for, interpret, favor, and recall information in a way that confirms one’s preexisting beliefs or hypotheses.

Dictator Game

A mutually anonymous behavioral economics game in which one person (“the dictator”) unilaterally determines how to split an amount of money with the second player.

Ultimatum Game

A behavioral economics game in which a mutually anonymous pair of players interact to determine how an amount of money is to be split. The first player suggests a division. The second player either accepts that proposal (in which case the split is made accordingly) or rejects it (in which case neither player gets anything).

Neoclassical Economics

A method in economics that concentrates on how supply and demand determine the distribution of goods, outputs, and incomes within various markets.