The Social Security Trust Fund, the Special Government Account from Which

question 9

Multiple Choice

The Social Security Trust Fund, the special government account from which Social Security payments are made, is projected to experience a shortfall in the future because

• A)there will be fewer young workers paying into the system relative to the number of retirees receiving Social Security benefits.
• B)the size of the benefits given to retirees is legally required to double every 15 years.
• C)Congress passed a tax reform law in 2017 that eliminated the revenue used to fund retirement benefits.
• D)the federal government is replacing Social Security with a new retirement system based on private 401k accounts.

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Definitions:

Advantages

The conditions or factors that put someone or something in a favorable or superior position compared to others.

Disadvantages

Refers to the negative aspects, drawbacks, or cons that are associated with a decision, situation, or policy.

Delayering

Reducing the number of levels in the organization's job structure.

Organization's Flexibility

The ability of an organization to adapt to changes, innovate, and adjust its operations or structure in response to external or internal stimuli.