Which of the Following Programs Is the Public LEAST in Favor

question 64

Multiple Choice

Which of the following programs is the public LEAST in favor of cutting?

• A) space program
• B) welfare
• C) defense
• D) Social Security
• E) transportation

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Definitions:

Cost of Living

A measure of the average cost necessary to cover basic expenses such as housing, food, taxes, and healthcare in a certain place and time.

Consumer Expenditure Survey

A statistical survey that collects information on the spending habits, income, and demographic characteristics of consumers.

Consumer Confidence Index

A measure of the overall degree of confidence individuals have in the economic situation and their personal financial situation.

Consumer Price Index

A measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care.