The Personal Responsibility and Work Opportunity Reconciliation Act Passed by Congress

question 79

Multiple Choice

The Personal Responsibility and Work Opportunity Reconciliation Act passed by Congress in 1996

• A)allowed states much more discretion in designing their cash-assistance programs to needy families and restricted most legal immigrants from receiving benefits.
• B)allowed states much less discretion in designing their cash-assistance programs to needy families and allowed most legal immigrants to receive benefits.
• C)allowed states much more discretion in designing their cash-assistance programs to needy families and allowed most legal immigrants to receive benefits.
• D)allowed states much less discretion in designing their cash-assistance programs to needy families and restricted most legal immigrants from receiving benefits.

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Definitions:

Profitability

A measure of the ability of a company or business unit to generate earnings relative to its revenue, assets, equity, or other financial metrics over a certain period of time.

Price-earnings Ratio

A financial metric that measures a company's market share price relative to its earnings per share, indicating investor sentiment about future earnings.

Times

A financial metric used to compare two quantities or to indicate frequency. In business, it often refers to multiples or ratios used in financial analysis.

Total Assets

The sum of all assets owned by an entity, representing the total resources at its disposal.