The moral of Senator Earnest Hollings’s story is that:

A. People are ungrateful for the financial assistance the government provides them.

B. People expect government to take care of their needs, but do not want to shoulder the responsibility for their own actions.

C. Most people are oblivious about the extent to which government helps them in the form of subsidized loans (e.g., FHA loans), social transfer payments (e.g., Social Security), and government projects (e.g., interstate highways).

D. Government has a hands-off approach to regulating the economy.

Answer rating: 100% (QA)

C Most people are oblivious about the exte... View the full answer