In 1870 Britain established a merit civil service that focused on competitive exams over patronage to combat issues of nepotism and corruption within the bureaucracy

What is an example of a means-tested social welfare program?

a) Medicare b) Disability benefits c) Medicaid d) Social security

Which of the following is not one of the main goals of regulation of the financial marketplace?

a. Ensuring the integrity of markets to prevent fraud and manipulation b. Ensuring the stability of the overall financial system c. Monitoring the safety and soundness of institutions d. Preventing the rise of unemployment e. Protecting consumers from fraud deception, or unfair practices