LIBF UNIT 3 TOPIC 2

What is the Attendance Allowance payable for?

• To anyone over 16 who spends 35 hours per week caring for someone

• To those over state pension age with a long-term illness or disability

• To parents or other people responsible for bringing up a child

• To people in low-paid work to help with child-rearing costs

What does the Benefits cap limit?

• The total amount of benefits for working-age people

• The number of hours a person can work while receiving benefits

• The age at which a person can start receiving benefits

• The number of children a family can claim benefits for

What is the purpose of the Consumer Prices Index (CPI)?

• To measure the total amount of benefits a person can receive

• To calculate the price of a representative sample of goods monthly

• To determine the eligibility for unemployment benefits

• To assess the number of years people are expected to live

What is Gross Domestic Product (GDP)?

• The total amount of benefits a country provides

• The value of all goods and services produced within a country over a year

• The number of years people are expected to live

• The amount of money paid to parents for child-rearing

What is means testing?

• A process to determine the total amount of benefits a person can receive

• A reduction of benefits if household income is above a certain level

• A method to calculate the price of goods on a monthly basis

• A benefit for those over state pension age with limited mobility

What is a recession?

• A period of at least six months with shrinking goods and services production

• A time when benefits are increased for all claimants

• A phase where the Consumer Prices Index (CPI) is stable

• A period when the government increases taxes to boost the economy

What is the benefit called that people receive from the state once they reach a certain age, provided they have paid or been credited with enough National Insurance contributions?

• Statutory Maternity Pay

• State Pension

• Universal Credit

• Working Tax Credit

Which benefit is paid to mothers while they are not working before and after their baby is born?

• Statutory Paternity Pay

• Statutory Sick Pay

• Statutory Maternity Pay

• Working Tax Credit

Which benefit is specifically for people who have a job but earn less than the minimum level considered to be enough to live on?

• State Pension

• Statutory Paternity Pay

• Working Tax Credit

• Universal Credit

What is the main focus of the welfare state?

• Providing only pensions

• Offering only education

• Comprehensive social security benefits

• Only providing housing