This topic contains a solution. Click here to go to the answer

Author Question: Personal income is usually reduced by one-third to one-half after retirement. Research shows that in ... (Read 48 times)

khang

  • Hero Member
  • *****
  • Posts: 569
Personal income is usually reduced by one-third to one-half after retirement. Research shows that in old age, the poor get _____ and the affluent _____.
 
  a. not much poorer; increase their economic advantage
  b. somewhat poorer; get much poorer
  c. poorer; maintain their economic advantage
  d. richer; lose their economic advantage

Question 2

Social Security is a(n) _____ tax, meaning it takes a larger percentage from people with the lowest incomes.
 
  a. regressive
  b. progressive
  c. agressive
  d. adjustable



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

prumorgan

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

Answer: c. poorer; maintain their economic advantage

Answer to Question 2

Answer: a. regressive




khang

  • Member
  • Posts: 569
Reply 2 on: Jul 2, 2018
:D TYSM


hramirez205

  • Member
  • Posts: 345
Reply 3 on: Yesterday
Excellent

 

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

For a complete list of videos, visit our video library