In the Later Part of 2009, Something Historic Happened Relative

question 92

Multiple Choice

In the later part of 2009, something historic happened relative to Social Security; for the first time,

• A)Social Security revenues became zero.
• B)Social Security contributions fell short of payouts.
• C)Social Security payouts did not increase.
• D)the Social Security Trust Fund ran out of funds.

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Definitions:

Cash Dividends

Dividends paid in the form of cash to a company’s shareholders from its current or retained earnings.

Public Corporations

are companies whose shares are traded publicly on stock exchanges, allowing them to raise capital from public investors.

Earnings

The amount of profit that a company produces during a specific period, typically reported as net income.

Capital Gain Yield

The aspect of the total gains from an investment that derives solely from its rise in price, without accounting for dividends or interest received.