Which of the Following Is an Example of Public Assistance

question 33

Multiple Choice

Which of the following is an example of public assistance?

• A) interest-free government loans to corporations
• B) welfare benefits such as food stamps or housing funds
• C) home mortgage interest tax write-offs
• D) All these answers are correct.

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Definitions:

Natural Resources

All gifts of nature used to produce goods and services; includes renewable and exhaustible resources.

Gifts of Nature

Natural resources and environmental conditions that are available for human use without the need to modify them significantly.

Scarcity

A fundamental economic problem of having seemingly unlimited human wants in a world with limited resources, making rationing necessary.

Goods and Services

Goods and services constitute the output of an economy's production activities; goods are tangible products, while services are intangible benefits or functions sold to consumers.