The Bonds Held in the Social Security Trust Fund

question 53

Multiple Choice

The bonds held in the Social Security Trust Fund

• A) are a valuable asset of the federal government.
• B) will generate a future stream of net income for the federal government.
• C) are an IOU from one government agency (the U.S. Treasury) to another (the Social Security Administration).
• D) are necessary to provide retirement benefits for future retirees.

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Definitions:

Equal Rights Amendment

A proposed amendment to the U.S. Constitution aimed at guaranteeing equal legal rights for all American citizens regardless of sex, though it has not been ratified.

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A diverse and complex society in the United States characterized by various cultural, ethnic, and religious backgrounds.

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