A Major Problem with Social Security Is a Rising Number

question 53

True/False

A major problem with social security is a rising number of retirees without a corresponding increase in contributors.

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Definitions:

Par Value

The nominal or face value of a bond, share of stock, or coupon as stated by the issuer, which does not necessarily reflect its market value.

Yield To Maturity

The total return anticipated on a bond if it is held until it matures, including all interest payments and the repayment of the principal.

Par Value

The face value of a bond or stock as stated by the issuing company, not necessarily its market value.

Annually

Occurring once every year or relating to a period of one year.