The Social Security System Is an Example of a Public

question 27

Multiple Choice

The Social Security system is an example of a public pension plan that is ________.

• A) underfunded
• B) fully funded
• C) overfunded
• D) none of the above

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Definitions:

Social Structure

The organized pattern of social relationships and social institutions that together constitute society.

Racial-Ethnic Minority

A group of people who have different racial or ethnic characteristics from the majority population in a society.

Underrepresented

Having fewer representatives in a particular group or activity than would be expected based on the general population.

Incumbents

Individuals currently holding a specified position or office, often in the context of political elections where they seek re-election against challengers.