The Social Security Benefits That Retirees Receive Are Funded Primarily

question 14

Multiple Choice

The Social Security benefits that retirees receive are funded primarily by

• A)income tax contributions they made in the past,which were put into a trust fund from which current payments are made.
• B)payroll taxes on those who worked or are now working.
• C)equal contributions from the national and state governments.
• D)borrowed funds,which contribute to the national debt.
• E)None of these answers is correct.

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Definitions:

Aboriginals

Indigenous people, particularly those who are the original inhabitants of Australia but can also refer to the first or earliest known inhabitants of other regions.

Québécois

Referring to the French-speaking inhabitants of Quebec, a province in Canada.

Selective Perception

The cognitive process where individuals perceive what they want in media messages while ignoring opposing viewpoints, influenced by their background, beliefs, and attitudes.

Aboriginal Reserve System

A system historically used in various countries to designate specific lands for Indigenous populations, often with the intent of isolating and controlling these communities.