ECONOMICS
FISCAL POLICY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Social Security is an example ____ spending.
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Discretionary
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Mandatory
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -They include: unemployment insurance benefits and supplements, accident, injury and sickness benefits, old-age, disability and survivors’ pensions, family allowances, reimbursements for medical and hospital expenses or provision of hospital or medical services.
Detailed explanation-2: -Four basic types of Social Security benefits are paid based on the record of your earnings: retirement, disability, dependents, and survivors benefits.
There is 1 question to complete.