Which of the following statements concerning Social Security survivor benefits is false?
A)
Only widows with a young child are entitled to benefits.
B)
Survivor benefits are based on the historic earnings of the deceased.
C)
A dependent parent age 62 or above may receive benefits.
D)
To be eligible for survivors' benefits the deceased must have had a record of recent or past earnings.
Question 2
Because it pays higher interest, a CD is considered more liquid than a passbook savings account.
Indicate whether the statement is true or false