Question

Question 1
The minimum wage was first set by the Bake Shop Act, a law passed during the presidency of _____.
Herbert Hoover

Franklin Delano Roosevelt

Richard Nixon

Lyndon Johnson

Question 2
The Supplemental Security Income increased federal support for the _____.
blind

all of these

elderly

disabled

Question 3
The purpose of the Earned Income Tax Credit (EITC) is to help poor people who are _____.

homeless

working

unable to work

unemployed

Question 4
The EITC bonus received by a low-income person:

increases indefinitely as long as their annual income keeps increasing

remains constant as their income increases

decreases as their income increases

increases until it reaches a certain peak ($20,000 maximum)

Question 5
The majority of the assistance the United States government offers to poor people is done through:

job guarantees

cash transfers

in-kind transfers

income tax exemptions

Answer 1

Answer:-

Q.1) Option B is correct because "The minimum wage law was passed during the presidency of President Franklin Delano Roosevelt. In U.S. statutory minimum wages were first introduced nationally in 1938 by President Franklin Delano Roosevelt.

Option A, C and d are incorrect as the minimum wage law was not passed during their presidency.

Q.2.) Option B is correct which is 'all of these'. Beacause the Supplemental Security Income increased federal support for the persons aged 65 or more, blind or disabled children. Eligibility requirements and federal payments are nationally same. SSI replaced the former federal-state- adult assistance programs.

Option A,C and D are incorrect individually because these all are included in option B.

Q.3.) Option B is correct which is 'Working' . Because EITC is a federal tax credit for low and moderate income working people. It rewards people and offsets federal payroll and income taxes. Eligibility is working families with children having annual income below $41,100 to $56,000 may be eligible for federal EITC.

Option A is incorrect because it does not for homeless people.

Option C is incorrect because it does not for unable to work people.

Option D is incorrect because it does not for unemployed people.

Q.4.) Option D is correct. Because the workers receive the credit beginning with their income started, the amount of credit rises with earned income until it reaches a maximum level and then begins to phase out at higher income levels.

Option A is incorrect because it does not increase indefinitely. It has maximum limit.

Option B is incorrect because it does not remains constant. It changes with the change in income.

Option C is incorrect because it does not decreases as their income decreases.