An Example of a Social Insurance Program Is

question 82

Multiple Choice

An example of a social insurance program is:

• A) expenditure on national defense.
• B) guaranteed income payments to the disabled.
• C) free public transport to low-income Canadians.
• D) purchasing a new city police car.

---

Definitions:

World Price

The international price at which goods are traded between countries, affecting domestic markets.

No-Trade Prices

Prices at which market participants are not willing to trade, indicating either a lack of demand at higher prices or a lack of supply at lower prices.

Trade Barriers

Policies or regulations imposed by governments to limit the free exchange of goods and services across countries, including tariffs and quotas.

Dumping

The practice of selling goods in a foreign market at a price below their production cost or domestic price, often to gain market share or eliminate competition.