When risks are shared across many different assets or people, reducing the impact of any particular risk on any one individual, it is called:

Which of the following statements is true?

a. All people in poverty are on welfare. b. Unemployment compensation is an example of an in-kind transfer. c. Temporary Assistance to Needy Families (TANF) is an example of a cash payment made by government to the impoverished. d. After cash assistance and in-kind transfers are considered the distribution of income in the United States is more unequal. e. All of these.

In 1913, Congress established the Federal Reserve system with the intention of putting an end to

A) high interest rates. B) high unemployment rates. C) inflation. D) bank panics.