1. A policy that collect payments or resources broadly but concentrates direct b

ID: 1123964 • Letter: 1

Question

1. A policy that collect payments or resources broadly but concentrates direct benefits on relatively few is called

regulatory policy

developmental policy

A program that guarantees benefits to members of a specific group or segment of the population is called

a social transfer

A health insurance program for low-income citizens, regardless of age, is called

Medicaid

The congressional office that scores the spending or revenue impact of all proposed legislation to assess its net effect on the budget is called

the Department of the Treasury

An economic policy based on the idea that economic growth is closely tied to the ability of individuals to consume goods is called

laissez-faire economics

The entitlement health insurance program for older people and retirees who no longer get health insurance through their work is called

distributive policy

1. Ans: distributive policy

2. Ans: an entitlement

3. Ans: Medicaid

4. Ans: the Congressional Budget Office

5. Ans: Keynesian economics

6. Ans: Medicare

All these are definitions. So, no explanation required.

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