Following the Theory of New Federalism, President Reagan

question 55

Multiple Choice

Following the theory of New Federalism, President Reagan

• A)increased block grants for state programs.
• B)gave the national government responsibility for funding all welfare programs.
• C)assigned states the funding of medical aid to the poor.
• D)gave benefits to families with incomes below a specified level.
• E)permitted states to enter into foreign treaties in certain circumstances.

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Definitions:

Horizontal Axis

The x-axis in a graph or chart, representing a dependent variable in data comparison exercises.

Internal Rate

The Internal Rate of Return (IRR), a measure used to evaluate the profitability of potential investments.

Internal Rate

Often referred to as the Internal Rate of Return (IRR), it is the interest rate at which the net present value of all the cash flows (both positive and negative) from a project or investment equal zero.

Payback Method

A simplistic financial analysis tool used to determine the time required for the earnings from an investment to repay the initial investment cost.