The Social Security System of the United States Is Based

question 83

Multiple Choice

The Social Security system of the United States is based on the pay-as-you-go principle. This indicates that funding of the benefits paid to current retirees comes primarily from

• A) the income generated by the system's ownership of stock.
• B) the tax payments of current workers.
• C) the funds that current retirees paid into their personal savings accounts during their working years.
• D) money created by the Federal Reserve system.

---

Definitions:

Peroxide

A compound containing two oxygen atoms bonded together in its molecule or as the anion O2^2-. Commonly used as a bleaching agent and antiseptic.

Break Off

To discontinue or end abruptly a relationship, negotiation, or engagement of some sort.

Hairdresser

A professional who specializes in cutting, styling, and treating hair.

Nuisance Suit

A lawsuit filed typically for a minor annoyance or disturbance, which can be public (affecting a community) or private (affecting an individual's enjoyment of property).