Recall the Application About How Society Will Cope with Increased

question 9

Multiple Choice

Recall the Application about how society will cope with increased demands for entitlement programs to answer the following question(s) . This Application addresses the impact of increasing life expectancy and aging populations on the costs of government entitlement programs such as Social Security, Medicare and Medicaid, and examines several possible solutions to the potential problem.
-According to this Application, current spending on federal retirement and health programs accounts for 10 percent of GDP. Experts estimate that this spending component's share of GDP ________ by the year 2075.

• A) is likely to shrink
• B) will more than double
• C) will remain constant
• D) will grow moderately initially then taper off

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Definitions:

Establishment

An influential social or political group or institution, often considered part of the mainstream power structure, holding significant sway in societal decisions and norms.

Labor

The effort by humans to produce goods or services in exchange for wages or other forms of compensation.

Apache Resistance

The series of conflicts and battles between Apache tribes and European settlers and later the United States government, as part of the Native American resistance to colonization and settlement.

Transcontinental Railroad

A contiguous network of railroad trackage that crosses a continental landmass with terminals at different oceans or continental borders, significantly impacting economy and migration.