Which of the Following Statements Is Correct

question 5

Multiple Choice

Which of the following statements is correct?

• A)In 2005, the combined Social Security-Medicare tax amounted to 15.3 percent of a worker's income.
• B)The White House budget office has asserted that Social Security and Medicare have promised to pay out $18 trillion more in benefits than they will receive in revenue in coming decades.
• C)If payroll taxes are increased to maintain current levels of Social Security and Medicare benefits, an expected result would be fewer hours worked per week by the average American worker.
• D)All of the above are correct.

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Definitions:

Consumers

Individuals or groups who purchase goods and services for personal use or consumption.

M-commerce

Describes the conducting of commercial transactions using mobile devices, emphasizing the growing trend of using smartphones for shopping and payments.

Web Developer

A professional who specializes in the development of websites and web applications, focusing on aspects such as design, functionality, and user experience.

Smartphones

Mobile phones that offer advanced features beyond making calls and sending text messages, including internet access, apps, and multimedia capabilities.