Examlex
Which of the following is a liability of the Fed?
Compulsory Retirement
The mandatory cessation of employment for individuals once they reach a certain age set by an employer or the government.
Income Program
A government or institutional initiative designed to provide monetary assistance to individuals or families in need.
Forced-Savings Program
A government or employer initiative requiring individuals to save a portion of their income to foster economic stability or for future use.
Payroll Tax
A payroll tax is a tax imposed on both employers and employees; it is based on wages that employers pay their staff.
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