When the Current Social Security Surpluses End and the Bonds

question 64

Multiple Choice

When the current Social Security surpluses end and the bonds in the trust funds are reduced in order to make payments to retirees, the financing for the redemption of the trust fund bonds will come from

• A) higher taxes or more government borrowing.
• B) the surplus funds deposited in government 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:

Esteem Needs

Psychological requirements for respect, self-esteem, recognition, and a sense of achievement, as part of Maslow's hierarchy of needs.

Affiliation Needs

A psychological concept referring to an individual's need to build relationships and feel connected to others.

Self-Actualization

The realization or fulfillment of one's talents and potentialities, regarded as a drive or need present in everyone.

Existence Needs

Basic human necessities required for survival, such as food, shelter, and safety.