Social Security (officially known as Old Age, Survivors, Disability, and Health Insurance) is

Social Security (officially known as Old Age, Survivors, Disability, and Health Insurance) is
 
  a. the main source of money that pays for unemployment compensation.
  b. was replaced by a private trust in 1997.
  c. operated cooperatively by the federal government and the states.
  d. operated entirely by the federal government.

 Q. 2

Oligarchs refer to
 
  a. wealthy individuals who gained ownership and control of important sectors of the Russian economy.
  b. party leaders.
 c. leaders of factions within the dominant party.
 d. regional leaders.
 e. policy advisers to the Russian president.

 Q. 3

Social insurance includes all of the following except
 
  a. Medicaid.
  b. Social Security.
  c. Medicare.
  d. unemployment compensation.

 Q. 4

Which of the following was NOT an obstacle to the market reforms of the early 1990s?
 
  a. The lack of an effective tax collection system
  b. Inadequate state regulation
  c. Resistance from regional leaders
  d. Continued government subsidization of ineffective operations
  e. Resistance from oligarchs

 Q. 5

Social insurance programs, such as unemployment compensation, are generally defined as
 
  a. jointly funded benefit programs made available by a government to its citizens as a right of its citizens.
  b. a needbased program in which eligibility is determined one's household income.
  c. programs that are solely funded by the federal government to offset local economic conditions.
  d. in-kind programs.

 Q. 6

_____ privatization refers to the transformation of a state-owned enterprise into one in which the majority of control is in the hands of employees and/or managers.
 
  a. Insider
 b. Internal
 c. Employee-led
  d. Domestic
 e. Captured

 Q. 7

Medicaid costs consume an average of about __________ percent of state budgets.
 
  a. 24
  b. 37
  c. 7
  d. 18