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Author Question: Personal income is usually reduced by one-third to one-half after retirement. Research shows that in ... (Read 55 times)

khang

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on: Jul 2, 2018
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


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prumorgan

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Reply #1 on: Jul 2, 2018
Answer to Question 1

Answer: c. poorer; maintain their economic advantage

Answer to Question 2

Answer: a. regressive


khang

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Reply 2 on: Jul 2, 2018
Excellent

gcook

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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