When the Social Security System Begins Running a Deficit During

question 649

Multiple Choice

When the Social Security system begins running a deficit during the years following 2018, the bonds in the trust fund will be drawn down. The funds to redeem these bonds will have to come from

• A) higher taxes, spending reductions in other programs, or additional government borrowing.
• B) the surplus funds deposited in governmental banking accounts.
• C) equity capital being liquidated.
• D) the sale of private equities and securities that the government has been purchasing with the funds.

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Definitions:

Grading Term Papers

The process of evaluating and assigning a grade to students' written assignments based on set criteria and academic standards.

Course Syllabus

A document that outlines the objectives, structure, rules, and assignments of a particular course.

Procedural Justice

Concerned that policies and rules are fairly administered.

Interactional Justice

The degree to which others are treated with dignity and respect.