The average federal employee is forty-six years old, has worked for the government for twenty years, and earns a salary of $61,000

What distinguishes a means-tested program from a social insurance program?

a. A means-tested program extends benefits based on age categories, while a social insurance program provides benefits based on immediate need. b. A means-tested program only extends benefits to the elderly, while a social insurance program extends benefits to everybody. c. A social insurance program extends benefits only to the working poor, while a means-tested program extends benefits to everyone, regardless of social class. d. A social insurance program provides benefits to those who have paid into the program, while a means-tested program provides benefits based on demonstrated need.

Which of the following policies does supply-side economics suggest the government should implement in order to control inflation?

A. Regulate imported goods B. Increase taxes C. Enforce stricter regulations on companies D. Spend tax dollars to create jobs E. Reduce regulation and cut taxes