ECONOMICS
BUDGETING
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
True
|
|
|
False
|
|
|
Either A or B
|
|
|
None of the above
|
Detailed explanation-1: -Some of the major federal, state, and local social welfare programs are: Supplemental Security Income (SSI) Supplemental Nutrition Assistance Program (SNAP) Special Supplemental Nutrition Program for Women, Infants, and Children (WIC)
Detailed explanation-2: -For a household of one person, the maximum net income is $1, 074, or 100% of poverty level. For a family of four, the maximum net income limit in Florida is $2, 209. A family of four in Florida would receive a maximum of $835 per month in 2022 in SNAP benefits.
Detailed explanation-3: -“SNAP” stands for the Supplemental Nutrition Assistance Program, formerly called “Food Stamps.” SNAP is a federal program administered by the United States Department of Agriculture’s Food and Nutrition Service (FNS) in collaboration with state agencies of Social Services or Children and Family Services.