Question

Question was provided via image upload.

Explanation:

First Question:

• Option A: Federal deficit is about government spending exceeding revenue, not old - age insurance.
• Option B: Securities and Exchange Commission regulates securities markets, not related to old - age insurance.
• Option C: The Social Security Act established old - age insurance (along with other social welfare programs).
• Option D: Tennessee Valley Authority is about regional development, not old - age insurance.
• Option E: National Labor Relations Board deals with labor - management relations, not old - age insurance.

• Option A: Bear Market is when stock prices are expected to fall.
• Option B: Bull Market is defined as a market situation where stock prices are expected to rise.
• Option C: There is no such thing as a Tiger Market in standard financial market terminology related to stock price trends.
• Option D: There is no such thing as a Lion Market in standard financial market terminology related to stock price trends.

Answer:

C) Social Security Act

Second Question: