The 2006 Report from the Trustees of Social Security Indicates

question 23

Multiple Choice

The 2006 report from the trustees of Social Security indicates that:

• A)Social Security will be bankrupt by the year 2040
• B)With no changes to the program, all benefits will be fully-funded through the year 2040
• C)Baby Boomers are specifically responsible for bankrupting the system
• D)With no changes to the program, all benefits will be fully-funded through the year 2047

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Definitions:

Comparable Worth

The concept that jobs of equal value to an organization should receive equal pay, regardless of the gender or minority status of the job holders.

Valence

The value an individual places on the expected outcome of an action or behavior, which can influence their motivation.

Instrumentality

In the context of motivation theory, the belief that a certain behavior will lead to achieving a desired outcome or reward.

Positive Instrumentalities

The belief that if one performs well, this will lead to valued outcomes or rewards.