Examlex

Solved

(I) Because Married Women Are Permitted to Receive Benefits Based

question 226

Multiple Choice

(I) Because married women are permitted to receive benefits based on either their own earnings or 50 percent of the benefits earned by their spouse, whichever is greater, the payroll tax takes a big chunk of the earnings of many working women without providing any significant additional benefits to them. (II) Because blacks have a shorter life expectancy, they are economically disadvantaged by Social Security relative to whites and Hispanics.


Definitions:

Maturity Values

The amount that will be paid to the holder of a financial instrument at the time of its maturity, including principal and any accrued interest.

Market Rate

The prevailing interest rate available in the marketplace for securities or loans.

Long-term Bonds

Bonds issued with a maturity date typically more than ten years in the future, representing a long-term financial obligation.

Related Questions