Which of the following does not describe a factor contributing to the financial improvements felt by older people in the 1960s and 1970s?
A) Congress added a cost of living increase to Social Security between 1968 and 1971.
B) The government added a 20% increase to Social Security benefits in 1972.
C) The federal government made SSI payments to over 2 million older people in 1971, bringing up the average yearly income for seniors.
D) New retirees had paid into Social Security and pension plans longer than retirees in the past, thus allowing these retirees better benefits.
Correct Answer:
Verified
Q26: What effect does inflation have on the
Q27: _ make up the third largest source
Q28: _% of older people claimed some asset
Q29: Which of the following is NOT an
Q30: Older people's incomes improved _ the income
Q32: The U.S. Census Bureau (2015) found that
A)
Q33: A study of older people's incomes shows
Q34: An Aon Hewitt study (2012) reports that,
Q35: The economic conditions of older people differ
Q36: Which of the following statements is true?
A)
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents