Prior to the Development of the Social Safety Net,which of the Following

question 15

Multiple Choice

Prior to the development of the social safety net,which of the following ideas was NOT generally held?

• A) Poor people should be able to retain some dignity.
• B) Poverty was the result of bad budgeting and bad habits.
• C) Asking for help should be so unpleasant that a person had to be desperate.
• D) Help should be less than the most poorly paid worker earned.

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Definitions:

Dilution

Loss in existing shareholders’ value, in terms of either ownership, market value, book value, or EPS.

Book Value

is the net value of a company's assets minus its liabilities, as recorded on the balance sheet, often used in assessing a company's financial health.

Market Value

The ongoing price for buying or selling an asset or service in the market.

Dilution

The reduction in existing shareholders' ownership percentage of a company as a result of the company issuing new shares.