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:

Sugar Beets

A root vegetable that is primarily cultivated for sugar production.

Industrial Fiber

Manufactured or natural fibers used extensively in industrial applications due to their physical properties like strength, durability, and flexibility.

Finished Products

Goods that have completed the manufacturing process but have not yet been sold or distributed to the end-user.

Cane Fiber

Fiber derived from the sugarcane plant, used in a variety of applications, including the production of paper and as a raw material in the textile industry.