The Primary Purpose of Social Security Is to

question 11

Multiple Choice

The primary purpose of Social Security is to

• A)subsidize families in need.
• B)offset the progressiveness of the personal income tax.
• C)provide income for workers who are temporarily unemployed.
• D)provide income for retired and disabled workers.

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Definitions:

First Quartile

The value below which 25% of the data falls, marking the lower quarter of a data set.

Quartile

A type of quantile that divides a rank-ordered dataset into four equal parts.

Standard Normal Variable

A random variable that has a mean of 0 and a standard deviation of 1, following the standard normal distribution.

Standard Normal Curve

The graphical representation of a normal distribution that has a mean of zero and a standard deviation of one, used in probability theory and statistics.