All of the Following Changes Would Reduce the Long-Range Deficit

question 43

Multiple Choice

All of the following changes would reduce the long-range deficit for the Social Security program EXCEPT

• A)increase the OASDI taxable wage base.
• B)delay scheduled increases in the full retirement age.
• C)make all OASDI benefits fully taxable.
• D)use general revenues of the federal government to help pay benefits.

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Definitions:

Solver

A computational tool used in optimization that finds the best solution to a problem by varying different variables within certain constraints.

Monthly Profit

The net income earned by a business or individual during a one-month period, calculated by subtracting total expenses from total revenue.

Inequality

A mathematical or social science statement indicating that two values or conditions are not equal in terms of size, magnitude, or importance.

Constraint Function

A mathematical expression that employs variables and constants to define limitations or conditions on the optimization of an objective.