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Which statement is true of government assistance programs?
In‐kind income
Earned income tax credit
social capital
Big Brothers/Big Sisters
An individual should set aside a predetermined amount of money for saving before using any of that money for spending.
The ultimate goal of government programs is to help individuals become self-sufficient and independent
Earning interest on interest
trade-off.
Steven is moving into his first apartment his parents have told him that he can take the furniture in his bedroom and his bedding when he moves out. His parents are providing him with which type of income?
In‐kind income
Earned income tax credit
social capital
Big Brothers/Big Sisters
An individual should set aside a predetermined amount of money for saving before using any of that money for spending.
The ultimate goal of government programs is to help individuals become self-sufficient and independent
Earning interest on interest
trade-off.
Which federal program will encourage taxpayers to file a tax return by offering a financial incentive to them?
In‐kind income
Earned income tax credit
social capital
Big Brothers/Big Sisters
An individual should set aside a predetermined amount of money for saving before using any of that money for spending.
The ultimate goal of government programs is to help individuals become self-sufficient and independent
Earning interest on interest
trade-off.
Giving up food from the vending machine to achieve a savings goal is the:
In‐kind income
Earned income tax credit
social capital
Big Brothers/Big Sisters
An individual should set aside a predetermined amount of money for saving before using any of that money for spending.
The ultimate goal of government programs is to help individuals become self-sufficient and independent
Earning interest on interest
trade-off.
Which statement best reflects the philosophy of “pay yourself first”?
In‐kind income
Earned income tax credit
social capital
Big Brothers/Big Sisters
An individual should set aside a predetermined amount of money for saving before using any of that money for spending.
The ultimate goal of government programs is to help individuals become self-sufficient and independent
Earning interest on interest
trade-off.
Which would qualify as a nonprofit?
In‐kind income
Earned income tax credit
social capital
Big Brothers/Big Sisters
An individual should set aside a predetermined amount of money for saving before using any of that money for spending.
The ultimate goal of government programs is to help individuals become self-sufficient and independent
Earning interest on interest
trade-off.
Which concept would be the best one to include in his presentation to show that he understands compounding interest?
In‐kind income
Earned income tax credit
social capital
Big Brothers/Big Sisters
An individual should set aside a predetermined amount of money for saving before using any of that money for spending.
The ultimate goal of government programs is to help individuals become self-sufficient and independent
Earning interest on interest
trade-off.
Alyssa’s friend, who is a stay‐at‐home mother, agrees to care for Alyssa’s son today so Alyssa can go to work. Alyssa has utilized:
In‐kind income
Earned income tax credit
social capital
Big Brothers/Big Sisters
An individual should set aside a predetermined amount of money for saving before using any of that money for spending.
The ultimate goal of government programs is to help individuals become self-sufficient and independent
Earning interest on interest
trade-off.
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