In 2015, the Maximum Monthly Social Security Benefit for an Insured

question 18

Multiple Choice

In 2015, the maximum monthly Social Security benefit for an insured worker was approximately $_______, whereas the maximum FICA payroll tax was ______ percent.

• A) $2,513; 28 percent
• B) $11,500; 50 percent
• C) $11,500; 80 percent
• D) $2,639; 6.2 percent
• E) Cannot be determined because everyone earns different incomes

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Definitions:

Disequilibrium Principle

A state or condition where there is a lack of balance or stability, particularly within economic models or physical systems.

Operant Conditioning

A method of learning that occurs through rewards and punishments for behavior, thereby influencing the probability of that behavior being repeated.

Classical Conditioning

An educational method involving the repeated pairing of two stimuli, resulting in a reaction initially provoked by the second stimulus being eventually provoked by the first stimulus.

Secondary Reinforcer

A stimulus that gains its reinforcing power through its association with a primary reinforcer.