Because There Is No Provision for Long-Term Care in the United

question 58

Multiple Choice

Because there is no provision for long-term care in the United States,________ has become
The de facto program financing nursing home residents when they have exhausted their savings.

• A)Social Security
• B)Medicare
• C)Medicaid
• D)the Affordable Care Act

---

Definitions:

Stock Returns

The earnings generated from investing in shares of stock, including dividends received and capital gains from price increases.

Earnings Announcement Date

The date on which a company publicly releases its financial performance results for a specific period, often accompanied by a report and sometimes a conference call with analysts and investors.

Highest and Best Use

Highest and best use is a real estate principle that values a property based on its most profitable legal use.

Fair Value

The revenue generated from liquidating an asset or the cost involved in handing off a liability within a coordinated transaction among market members at the time of gauging its value.