Current Concern About Social Security Is That

question 18

Multiple Choice

Current concern about Social Security is that

• A) the fund is growing too rapidly and would trigger inflation.
• B) the fund might be depleted before long and might not be there for workers who retire later.
• C) the government is planning to phase out the program.
• D) none of the above

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Definitions:

Constructive Notice

Legal concept indicating that a person should have known a fact because it was publicly available or recorded, even if they had no actual knowledge of it.

Collateral

An asset offered to secure a loan or other credit and subject to seizure on default.

Investment Property

Real estate property that is purchased with the intention of earning a return on investment through rental income, the future resale of the property, or both.

Stocks

Shares of ownership in a corporation, representing a claim on part of the corporation's assets and earnings.