Both Social Security and Medicare Are Pay-As-You-Go Programs

question 206

Multiple Choice

Both Social Security and Medicare are pay-as-you-go programs. This means that:

• A) current taxpayers fund the benefits that are currently paid out.
• B) future beneficiaries contribute to a pool of funds today that will be used to pay for their benefits in the future.
• C) the government pays for the benefits as the beneficiaries enter into the system.
• D) beneficiaries pay for the programs as they enter into them.

---

Definitions:

Neutral

In automotive and machinery, it refers to a position in which no gears are engaged, allowing the engine to run without driving the wheels.

Chassis Electricity

The electrical subsystem within a vehicle's chassis, including wiring, fuses, and control modules that manage electrical components.

Eaton AMT

An Automated Manual Transmission produced by Eaton, which combines manual gearbox efficiency with automatic transmission convenience.

Mechanical Operation

The functioning or working principle of a system or component based on mechanical parts and movements.