In 2010, the Number of Workers Per Social Security Beneficiary

question 33

Multiple Choice

In 2010, the number of workers per Social Security beneficiary was approximately ____; by the year 2030, this figure is expected to ____.

• A) 5; increase to approximately 8
• B) 2.9; fall to approximately 2.1
• C) 2.2; increase to approximately 3.2
• D) 8; fall to approximately 5

---

Definitions:

Debt Refunding

The process of replacing an existing debt obligation with a new one, often with more favorable terms.

Ordinary Income

Earnings derived from standard business operations and not classified as capital gains or dividend income.

Extraordinary Income

Uncommon and infrequent gains not related to the normal operations of a business.

Effective Interest Amortization

A method for calculating the amortized cost of a bond or loan based on periodic interest expense, reflecting the actual interest rate.