During the Last Two Decades, Most of the Surplus Generated

question 211

Multiple Choice

During the last two decades, most of the surplus generated by the Social Security system was

• A) used to finance current government expenditures.
• B) invested in government bonds that will make it possible for the federal government to pay future retirement benefits without an increase in federal taxes.
• C) used to pay down the national debt.
• D) invested in bonds offered by foreign governments and businesses that will provide a stream of future income for the finance of retirement benefits.

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Definitions:

Test-Taking Ability

The capacity or skillset that enables an individual to perform effectively in examinations.

Verbal Skills

The ability to convey ideas and feelings through spoken language, including vocabulary usage, clarity of speech, and storytelling.

Gender Differences

Variations in the characteristics, behaviors, and roles associated with being male or female in a particular culture or society.

Mental Abilities

The capacity to perform cognitive tasks and processes that involve thinking, perceiving, and understanding.