INSTRUCTIONS: Choose the Word or Phrase in [ ] Which

question 18

Multiple Choice

INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement.
-Money to make social security benefit payments comes from contributions from [employees only | employers only | employees and employers].

• A)for the first item
• B)for the second item
• C)if neither item will correctly complete the statement.

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Definitions:

Principle

A fundamental truth or proposition that serves as the foundation for a system of belief or behavior or for a chain of reasoning.

Anomaly

An irregularity or deviation from what is standard, normal, or expected.

Hypothesis

A proposed explanation for a phenomenon, serving as a starting point for further investigation or experimentation.

Economic Theories

Systematic frameworks developed to explain the workings of economic markets, the behavior of economic agents, and the allocation of resources.