Which of the Following Statements Is Correct

question 223

Multiple Choice

Which of the following statements is correct?

• A) In 2008,the combined Social Security-Medicare tax amounted to 15.3 percent of a worker's income.
• B) The White House budget office has asserted that Social Security and Medicare have promised to pay out $18 trillion more in benefits than they will receive in revenue in coming decades.
• C) If payroll taxes are increased to maintain current levels of Social Security and Medicare benefits,an expected result would be fewer hours worked per week by the average American worker.
• D) All of the above are correct.

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Definitions:

Expertise

The specialized knowledge or skill in a particular field or area, usually gained through education, training, and experience.

Relationships

Connections or bonds between people based on various factors such as love, kinship, common interests, or professional interactions.

Authority

Authority is the right or power assigned to an individual or organization to make decisions, give orders, and enforce rules.

Familiarity

The level of knowledge or recognition that individuals have about a certain subject, item, or process, often influencing their comfort and ease in dealing with it.