An Example of an Unintended Consequence of Income Assistance Is

question 45

Multiple Choice

An example of an unintended consequence of income assistance is:

• A) Encourages self-sufficiency
• B) Encourages children to perform well in school
• C) Deterioration of job skills
• D) Encourages people on welfare to get jobs
• E) Increased consumption possibilities for poor families

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Definitions:

Ordinary Annuity

Repetitive uniform payments that are conducted after each term within a set timeframe.

Deferred Annuity

An insurance product that allows for the postponement of income payments until the investor elects to receive them.

Ordinary Annuity

A series of equal payments made at regular intervals, with the payment period typically matching the interest period.

Ordinary Annuity

A series of equal payments made at regular intervals (e.g., monthly or annually) with interest compounded at the end of each period.