_____ Increases Are Provided as Part of Social Security Benefits

question 62

Multiple Choice

_____ increases are provided as part of social security benefits for each year that the consumer price index increases.

• A)Unemployment benefits
• B)Cost-of-living
• C)Disability benefits
• D)Tuition
• E)Retirement plan

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Definitions:

Privatization

The process of transferring ownership or control of a business or service from the government to private individuals or organizations.

Transitional Economies

These are countries changing from a centrally planned economy towards a more market-oriented economy.

Global Economic Fluctuations

Variations in economic activity, such as growth and recession, experienced across the world economy.

Communication Networks

Systems or structures that enable the exchange of information between entities over distances through electronic or other means.