T6801 FINAL EXAM QUESTIONS WITH
100% CORRECT ANSWERS LATEST
VERSION 2025/2026.
The US is the only developed nation without universal health care. Nearly 28 million non-elderly
Americans, or 10.4%, were uninsured in 2018. But now that the US is facing a coronavirus
pandemic, the flaws have far greater -- and even deadly -- repercussions. Current US Health
Care accounts for what percentage of the US Economy?
a. 5%
b. 10%
c. 20%
d. 25% - ANS 25%
The Temporary Assistance for Needy Families (TANF) program is designed to help needy families
achieve self-sufficiency, but it is only temporary assistance with lifetime limits. How many total
years, in a lifetime, can a family receive benefits through TANF?
a. 2 years
b. 5 years
c. 7 years
d. 10 years
1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
, e. None of the above - ANS 5 years
Funding for Social Security Retirement benefits was threatened when President Donald Trump
indicated he'd prefer to eliminate the current funding source of tax after the 2020 election with
another funding source. Social Security Retirement receives the bulk of its funding through this
source:
a. The sales tax
b. The income tax
c. The payroll tax
d. General revenue - ANS The payroll tax
Social Security Benefits are now expected to be payable in full on a timely basis until 2037,
when the trust fund reserves are projected to become exhausted. Which of the following
factor(s) contribute to the depletion of the US Social Security Trust Fund?
a. The US increased life expectancy
b. The US fertility rates
c. The US labor market participation rates
d. All of the above
e. None of the Above - ANS All of the above
(Please note: This question will show a checkbox next to each answer, and the student must
select ALL the answers you mark as correct)
The long-run deficit in the Old Age Insurance Program can be eliminated by three of the
following factors:
a. Any combination of cuts in benefits and increase of revenues
2 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
100% CORRECT ANSWERS LATEST
VERSION 2025/2026.
The US is the only developed nation without universal health care. Nearly 28 million non-elderly
Americans, or 10.4%, were uninsured in 2018. But now that the US is facing a coronavirus
pandemic, the flaws have far greater -- and even deadly -- repercussions. Current US Health
Care accounts for what percentage of the US Economy?
a. 5%
b. 10%
c. 20%
d. 25% - ANS 25%
The Temporary Assistance for Needy Families (TANF) program is designed to help needy families
achieve self-sufficiency, but it is only temporary assistance with lifetime limits. How many total
years, in a lifetime, can a family receive benefits through TANF?
a. 2 years
b. 5 years
c. 7 years
d. 10 years
1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
, e. None of the above - ANS 5 years
Funding for Social Security Retirement benefits was threatened when President Donald Trump
indicated he'd prefer to eliminate the current funding source of tax after the 2020 election with
another funding source. Social Security Retirement receives the bulk of its funding through this
source:
a. The sales tax
b. The income tax
c. The payroll tax
d. General revenue - ANS The payroll tax
Social Security Benefits are now expected to be payable in full on a timely basis until 2037,
when the trust fund reserves are projected to become exhausted. Which of the following
factor(s) contribute to the depletion of the US Social Security Trust Fund?
a. The US increased life expectancy
b. The US fertility rates
c. The US labor market participation rates
d. All of the above
e. None of the Above - ANS All of the above
(Please note: This question will show a checkbox next to each answer, and the student must
select ALL the answers you mark as correct)
The long-run deficit in the Old Age Insurance Program can be eliminated by three of the
following factors:
a. Any combination of cuts in benefits and increase of revenues
2 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
