« previous next »

Author Question: Which of the following is a problem associated with Social Security? A) It does not take paid ... (Read 78 times)

student77

  • Hero Member
  • *****
  • Posts: 567
on: Jul 2, 2018
Which of the following is a problem associated with Social Security?
 
  A) It does not take paid wages into account.
  B) It is not capped at a certain level of income so it taxes the rich more.
  C) The dependency ratio has changed, so Social Security is becoming harder to finance.
  D) You can only get your payments in cash.

Question 2

A skewed dependency ratio is problematic for Social Security because __________.
 
  A) you can only get benefits if you are younger than 65 and have children who are still being claimed as a dependent on your taxes
  B) children over age 21 and listed as dependents for their parents over age 65 do not have to pay Social Security taxes
  C) it is the basis for how Medicare is funded and relies on dependents to pay a portion of their elderly parents taxes
  D) it is financed based on workers and if less people are working compared to those who are not, funding will become an issue


bitingbit

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jul 2, 2018
Answer to Question 1

Answer: C

Answer to Question 2

Answer: D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Chinese workers on a railway in the far West. “Without them,” Leland Stanford, president of the Cent Chinese workers on a railway in the far West. “Without them,” Leland Stanford, president of the Cent
The medical assisting profession offers many settings in which to pursue your career. Good communica The medical assisting profession offers many settings in which to pursue your career. Good communica
Problem-Solving in Hangman Problem-Solving in Hangman
Vienna: Social Structure and Social Interaction Vienna: Social Structure and Social Interaction
How to solve a linear algebraic mixture problem with two unknowns How to solve a linear algebraic mixture problem with two unknowns
Sequence Series Arithmatic Progression Problem Sequence Series Arithmatic Progression Problem
Video: Studying the Left and Right Brain Independently

For a complete list of videos, visit our video library