Which of the Following Statements Concerning the Federal Social Security

question 61

Multiple Choice

Which of the following statements concerning the federal Social Security tax is true?

• A) The tax burden increases annually because the rate increases annually.
• B) The tax burden increases annually because the base increases annually.
• C) Both the rate and the base increase annually.
• D) The Social Security tax burden has not increased since 1990.

---

Definitions:

Aging adults

Individuals typically in the later stages of life, experiencing the natural physiological, cognitive, and social changes associated with aging.

Compensation

A system or policy of providing money, goods, or other forms of value in exchange for work done or as a recompense for loss, injury, or suffering.

Optimization

A process of finding ways to enhance the achievement of remaining goals or finding environments that are enhancing that is key to successful development.

Fluid intelligence

The ability to reason and solve new problems independently of previously acquired knowledge.