The Social Security System Is A(n)

question 203

Multiple Choice

The Social Security system is a(n)

• A) ad valorem system.
• B) ability to pay system.
• C) progressive tax system.
• D) pay-as-you-go system.

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Definitions:

Instructions

Directions or orders given by one entity to another, detailing how tasks should be performed or operations conducted.

Computer

An electronic device capable of processing data according to a set of instructions to produce outputs.

Secondary Storage

Non-volatile storage that holds data permanently until it is deleted or overwritten, often used for data backup and archiving.

Data

Information collected, stored, and used for analysis, often in digital form, to help decision-making processes or to fulfill specific purposes.