About half of the U.S. budget consists of social security, Medicare, and Medicaid. Which of the following is not true about these important expenditures?
A) These are known as entitlement programs.
B) These programs are expected to remain relatively constant in coming years.
C) Social security and Medicare provide income and health care for the elderly, and Medicaid provides health care for people and families with very low incomes.
D) All of the above represent true facts.
E) None of the above are true facts.
Correct Answer:
Verified
Q28: Which of the following types of taxes
Q29: Which of the following types of taxes
Q30: Which of the following is the largest
Q31: At any one time, there can be
Q32: By law, Congress and the president must
Q34: Which of the following types of taxes
Q35: The symbol G used throughout the text
Q36: Budget deficits have occurred every year for
Q37: Social security is the biggest spending item
Q38: Most government expenditures are for purchases of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents