Which of the Following Is FALSE

question 26

Multiple Choice

Which of the following is FALSE?

• A)the estimated cost of unfunded liabilities is about 20 times the size of the current national debt
• B)promises to pay Social Security benefits for future retirees are not counted in the national debt
• C)the shortfall between future social insurance tax revenues and future payments to Social Security and Medicare is accounted for in the national debt
• D)the size of the national debt would be lower if one counted government asset holdings
• E)all of the above

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Definitions:

"Rough Riders"

A volunteer cavalry regiment led by Theodore Roosevelt during the Spanish-American War, known for their diverse composition and dramatic role in the conflict.

Philippine Exhibit

A display or presentation showcasing aspects of Philippine culture, history, or achievements, potentially as part of a larger exhibition or fair.

St. Louis World's Fair

Also known as the Louisiana Purchase Exposition, it was an international exhibition held in 1904 in St. Louis, Missouri, to celebrate the centennial of the 1803 Louisiana Purchase.