Which of the Following Statements About Welfare Is NOT

question 9

Multiple Choice

Which of the following statements about welfare is NOT

• A)After the welfare reform of 1996,welfare recipients were required to work to get benefits.
• B)Food stamps,SSI,EITC,Medicaid,and TANF are the most important welfare programs.
• C)Welfare programs are federal programs,involving state and local governments in addition to the national government.
• D)Welfare reform passed Congress in 1996.
• E)Need-based welfare was abolished in 1996.

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Definitions:

Elastic Demand

A condition where the quantity demanded of a good or service significantly changes due to a change in its price.

Inelastic Demand

A market scenario where the quantity demanded of a good or service changes minimally in response to price changes.

Perfectly Inelastic

A situation where the quantity demanded or supplied of a good does not change regardless of the changes in its price.

Perfectly Elastic

A situation in economics where the demand or supply for a good is completely responsive to changes in price, resulting in an infinite elasticity.