Which of the following statements about the Supplemental Security Income (SSI) program is FALSE?

A) It is designed to establish nationwide minimum incomes for the aged, the blind, and the disabled
B) Benefits are based on need.
C) Recipients who receive benefit payments under Social Security are also eligible for SSI.
D) It covers children and individuals with mental disabilities, including drug addicts and alcoholics.

C

Economics

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In a recession, needs-tested spending ________ and induced taxes ________

A) increases; increase B) increases; decrease C) decreases; increase D) decreases; decrease E) increase; do not change

Economics

According to your authors, a recessionary "bust" is

A) an inherent part of any market economy. B) a correction of the mistakes generated during the prior expansionary "boom." C) an event that can be successfully recovered through fiscal "stimulus" policies. D) identified by a rise in real GDP.

Economics