If the Current Social Security System in a Country Is

question 74

Multiple Choice

If the current Social Security system in a country is a "pay-as-you-go" system,it means that:

• A)employers and employees must pay taxes once in a month.
• B)employers pay the bulk of employees' retirement costs.
• C)individual retirement accounts are set up for each work as they go.
• D)taxes from current workers are transferred to current retirees.

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Definitions:

Chloride

An anion resulting from the dissociation of hydrochloric acid (HCl), or a compound formed by the combination of chlorine with a metal or organic molecule.

Magnesium

A shiny gray solid, this chemical element has symbol Mg and atomic number 12, known for its lightness and strong structural properties, widely used in alloys.

Chloride

A compound formed with chlorine and another element or group, commonly found in table salt (sodium chloride).