The Ratio of Workers to Social Security Beneficiaries Has Declined

question 14

Multiple Choice

The ratio of workers to social security beneficiaries has declined from 16.5 in 1950 to about 3 in 2010 and is expected to decline to 2 by 2030.This trend indicates that:

• A)the surplus generated from the social security fund is going to increase over time.
• B)the revenue generated by the government from the social taxes is going to decline by 2030.
• C)the strength of the U.S.labor force will shrink over time.
• D)the social security contributions will fall short of the social security payments over time.
• E)the number of retirees will gradually decline and the youth employment in the economy will increase.

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Definitions:

Obsession

Persistent, intrusive, and unwanted thoughts that cause distress or anxiety.

Compulsion

An irresistible urge to behave in a certain way, especially against one's conscious wishes.

Phobia

An intense, irrational fear of specific objects, activities, or situations that leads to avoidance behavior.

Developing Countries

Nations with a lower level of industrial base, lower Human Development Index (HDI) than developed countries, and often face economic challenges.