One branch of government insurance programs has a number of distinguis
One branch of government insurance programs has a number of distinguishing characteristics.
These programs are compulsory, they are financed by mandatory contributions rather than general tax revenues, and benefits are weighted in favor of low-income groups. These government insurance programs are called
A) welfare programs.
B) social insurance programs.
C) casualty insurance programs.
D) private insurance programs.
ANSWER
Answer: B
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