1. Social insurance programs are ______.(Points: 1) government programs intended

Question

1. Social insurance programs are ______.(Points: 1)
      government programs intended to protect familiesagainst economic hardships
       private insurance policiesto protect families from hardships caused by governmentactions
       private insurance policiesthat cover gaps in government provided health care
       none of theabove


2. Which of the following is NOT an exampleof government purchases of goods and services? (Points: 1)
       a federal prosecutor'ssalary in a lawsuit against Halliburton
       new pavement for interstatehighway I-95
       a surgeon's bill reimbursedunder the Medicare program
       equipping air marshals withtaser guns


3. If the economy is at potential output, andconsumption spending suddenly decreases due to a fall in consumerconfidence, the appropriate fiscal policy is ______. (Points:1)
       a decrease in governmenttransfers
       an increase in governmentspending
       a decrease in governmentspending
       an increase in the moneysupply to decrease interest rates

Explanation / Answer

1) a) goverment programs that areintended to protect families against economichardships : : social security , medicare and medicade are the Mainprograms
2) a)a federal prosecutor'ssalary in a lawsuit against Halliburton : 3)b) an increase ingovernment spending

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