In 1983, Congress Made a Number of Changes to Social

question 70

Multiple Choice

In 1983, Congress made a number of changes to Social Security to deal with the pending shortfall including

• A)raising the retirement age at which one qualifies for Social Security benefits.
• B)increasing Social Security taxes.
• C)imposing the first ever tax on the Social Security payments to upper-income individuals.
• D)imposing a one-time cut in the annual cost-of-living increase in benefits.
• E)All of the above

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Definitions:

Ethical Behavior

Conduct that is in accordance with accepted principles of right and wrong governing the conduct of a profession.

Bad Barrel

A metaphor implying that systemic issues within an organization or environment lead to unethical behaviour or corruption, not just individual 'bad apples'.

Corporate Culture

The shared values, beliefs, and practices that shape the social and psychological environment of a business organization.