Since the Social Security System Began in 1935,the Number of Workers

question 7

Multiple Choice

Since the Social Security system began in 1935,the number of workers per retiree has

• A)stayed roughly the same.
• B)continually risen.
• C)continually declined.
• D)risen and declined with different generations.

---

Definitions:

12b-1 Fee

A fee found in the expense ratio of some mutual funds, meant to cover marketing, distribution, and other costs.

Front-end Load

An upfront sales charge investors pay when they purchase mutual fund shares, which reduces the amount of the investment.

Back-end Load

A fee paid by investors when selling mutual fund shares, typically decreasing over time the longer shares are held, designed to discourage quick withdrawals.

Front-end Load

A sales charge or commission that investors pay upfront when purchasing shares of a mutual fund or investment, typically used to compensate brokers.