Means-Tested Programs Tend to Favor

question 44

Multiple Choice

Means-tested programs tend to favor

• A)those with high income as would a consumption tax.
• B)those with high income while a consumption tax would favor those with low income.
• C)those with low income as would a consumption tax.
• D)those with low income while a consumption tax would favor those with high income.

---

Definitions:

Accrued Liabilities

Expenses that have been incurred but not yet paid, reflected on a company's balance sheet.