POSI 9 quiz
According to 2007 U.S. census data, about one in __ citizens live in poverty. A.eight B.twelve C.fifteen D.twenty
a
In most cases, Social Security beneficiaries receive __ money they contributed to the fund in taxes. A.more B.less C.about the same
a
Recent changes to Social Security mean that individuals can retire with full benefits at: A.sixty-seven B.sixty-six C.sixty-five D.sixty-two
a
Social Security would typically be categorized as what type of federal spending? A.entitlement B.discretionary C.interest D.supplemental
a
The Social Security tax is capped at about what level? A.$100,000 B.$200,000 C.$500,000 D.no cap
a
The __ provides coupons to purchase food to ensure that nutritional requirements are met. A.food stamp program B.Medicaid program C.school lunch program D.nutrition labeling program
a
What policy is a refundable federal income tax for low-income working individuals and families? A.EITC B.FDIC C.PRWORA D.TANF
a
__ is the largest expenditure for a domestic program in the United States. A.Social Security B.Education C.Welfare (and its reform) D.Crime
a
In July 2009, the federal minimum wage increased to ___ per hour. A.$6.55 B.$7.25 C.$9.25 D.$10.00
b
Social Security is currently a pay-as-you-go system, meaning that: A.the government finances Social Security through the federal income tax B.today's Social Security revenue pays for current Social Security beneficiaries C.money taken out for Social Security today will pay for benefits in the future D.individuals control the investment of their Social Security dollars
b
What does the Gini coefficient measure? A.tax rates B.income inequality C.poverty rates D.welfare spending
b
Which of the following is a "means-tested" program? A.Social Security B.welfare C.Medicare D.farm subsidies
b
According to 2007 U.S. census data, about how many of those living in poverty are children? A.two-thirds B.one-half C.one-third D.one-quarter
c
By the year 2040, it is estimated that only __ workers will be paying for each Social Security beneficiary. A.four B.three C.two D.five
c
President __ was a significant actor in reforming federal welfare programs. A.Carter B.Reagan C.Clinton D.G.W. Bush
c
Social Security is what type of policy? A.distributive B.hortatory C.redistributive D.regulatory
c
With the passage of the Personal Responsibility and Work Opportunity Reconciliation Act of 1996, the Aid to Families with Dependent Children program became: A.Work for Your Benefits B.Welfare to Work C.Temporary Assistance for Needy Families D.Two Years and Out
c
Social Security payments are increased each year based on the: A.condition of the stock market B.size of the Social Security budget C.number of Social Security beneficiaries D.cost-of-living increase
d
The highest quintile (20%) of the U.S. population earns about __ of the total income in the country. A.20% B.30% C.40% D.50%
d
The primary intent of the 1996 welfare reform law was to: A.provide additional money to the needy B.have the government take over more responsibility for administering welfare C.increase the number of people eligible for welfare D.directly link welfare benefits to recipient responsibility
d
What agency administers the federal food stamp program? A.FDA B.HHS C.CDC D.USDA
d