Which of the Following Is a Concern About the Social

question 27

Multiple Choice

Which of the following is a concern about the Social Security Trust Fund?

• A) The rate of Social Security payroll taxes will continue to decrease unless Congress changes the law.
• B) The number of current retirees contributing to the fund will continue to decrease as the number of seniors continue to work after traditional retirement age.
• C) Soon there will be too few workers contributing to the Trust Fund to support the increasing number of retirees.
• D) Soon the Trust Fund will need to pay back the money it borrowed from the general treasury but it does not look like it will be able to repay this loan.

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Definitions:

Economic Profit

The variance between total income and all costs, both seen and unseen, of a company.

Business Shutdown

A temporary or permanent cessation of operations by a firm due to financial difficulties or external circumstances.

Construction Firm

A business entity engaged in the construction of buildings, infrastructure, and other physical structures.