Indicate Which of the Following Statements Is True

question 6

Multiple Choice

Indicate which of the following statements is true.

• A)Dependent care plans can only be used to cover the costs of caring for a dependent child.
• B)Medical flexible spending accounts can be used to cover dentist fees.
• C)Public transportation may be covered by an employer-provided spending account, but parking can not be covered.
• D)Dependent care accounts may include day care but not preschool

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Definitions:

Production

The process of creating goods or services.

Demand for Corn

The total quantity of corn that buyers are willing and able to purchase at various prices within a given time period.

Surplus Supply

Occurs when the quantity of a good or service supplied is greater than the quantity demanded at a given price.

Food for Peace

A U.S. government program designed to combat world hunger through the donation and sale of U.S. food to developing countries.