Which of the Following Statements Is Correct

question 52

Multiple Choice

Which of the following statements is correct?

• A) Since the mid-1940s, expenditures on national defense have increased considerably as a percentage of total federal government spending.
• B) Since the mid-1940s, expenditures on income security and health programs have increased considerably as a percentage of total federal government spending.
• C) Taken together, expenditures on national defense and on income security and health programs now account for less than half of all federal government spending.
• D) Expenditures on national defense now account for more than twice as much federal government spending as expenditures on income security and health programs.

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Definitions:

Contract Of Employment

A legally binding agreement between an employer and an employee, detailing the terms and conditions of employment.

Reasonable Time

A period of time which is fairly appropriate or usual under the given circumstances, often used in legal contexts to define the duration for fulfilling an obligation or contract.

Severance Pay

Compensation provided to an employee upon termination of employment, often based on length of service or the terms of their employment contract.

Profit Sharing

A company policy where employees receive a portion of the company's profits in addition to their regular compensation.