The Deeming of Income When Assessing Eligibility for the Age

question 9

Multiple Choice

The deeming of income when assessing eligibility for the age pension under the income test is:

• A) applied to all assets of the person.
• B) applied to financial assets of the person subject to some exclusions.
• C) only applied to some financial assets above a threshold asset level.
• D) applied to financial assets of the person subject to some exclusions and uses the higher of the deemed income or actual income returned by these financial assets.

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Definitions:

Trait Theories

Theories in psychology focused on the identification and measurement of consistent personality characteristics and patterns of behavior.

Psychoanalytic Perspectives

A framework in psychology which posits that human behavior is a result of interactions among various unconscious psychological processes.

Conscientiousness

One of the five major personality traits, characterized by high levels of thoughtfulness, good impulse control, and goal-directed behaviors.

Negative Emotions

Negative emotions are feelings that are perceived as unpleasant or harmful to the emotional well-being of an individual, such as sadness, anger, or fear.