The Social Security Program Is Financed Directly from

question 90

Multiple Choice

The Social Security program is financed directly from

• A) voluntary contributions by the elderly.
• B) sales taxes on goods with inelastic demand.
• C) payroll taxes.
• D) poll taxes.

---

Definitions:

Total Utility

The overall satisfaction or happiness a consumer derives from consuming a certain amount or combination of goods and services.

Olive Oil

A liquid fat obtained from olives, a traditional tree crop of the Mediterranean Basin, used in cooking, cosmetics, and as a fuel.

Dish Soap

A cleaning product used to wash dishes, cut through grease, and sanitize kitchenware.

Income

Earnings acquired, frequently on a steady basis, through employment or investing activities.