The U.S.Social Security Program

question 25

Multiple Choice

The U.S.Social Security program

• A)is a redistribution program that collects taxes from current workers to provide pensions for current retirees
• B)is a redistribution program that collects taxes from retired individuals with high incomes and uses them to provide pensions for individuals with low incomes
• C)is a pay-as-you-go program in which workers' contributions are invested to provide them with income at retirement
• D)is funded by earnings on its investment portfolio
• E)is funded through money creation by the Federal Reserve

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Definitions:

Intentional

Actions or behaviors that are done with purpose or deliberate intent, often reflecting a specific goal or outcome in mind.

Prejudice

A negative prejudgment about a person or group that is irrational, long-lasting, and not based on fact.

Assimilation

The process through which individuals or groups adopt the cultural norms of another group, often losing their original identity or culture.

Cultural Identities

The identity or feeling of belonging to a group, influenced by one’s culture, encompassing language, traditions, customs, and shared beliefs.