The Solvency of Social Security Can Be Extended If

question 24

Multiple Choice

The solvency of Social Security can be extended if

• A)the retirement age is reduced.
• B)the cap on taxable earnings is lowered.
• C)the trust fund invests in government bonds.
• D)the tax rate is increased.

---

Definitions:

Henry George

A 19th-century economist known for his ideas on taxation, particularly the proposal that a single tax on land value could replace all other taxes, thereby improving economic equality and efficiency.

Rent

A regular payment made by a tenant to a landlord for the use of land, a building, or other property.

Landlords

Property owners who rent out land, residential, or commercial properties to tenants.

Present Value

The value today of the stream of expected future annual income that a property generates.