The ratio of workers to social security beneficiaries has declined from 16.5 in 1950 to about 3 in 2010 and is expected to decline to 2 by 2030.This trend indicates that:
A) the surplus generated from the social security fund is going to increase over time.
B) the revenue generated by the government from the social taxes is going to decline by 2030.
C) the strength of the U.S.labor force will shrink over time.
D) the social security contributions will fall short of the social security payments over time.
E) the number of retirees will gradually decline and the youth employment in the economy will increase.
Correct Answer:
Verified
Q1: The ratio of the number of people
Q2: Which of the following provides the best
Q3: If social security is privatized:
A)the contributors would
Q5: One of the myths about social security
Q6: The elderly support ratio recorded by the
Q7: A major concern about social security is
Q8: The money raised from the social security
Q9: One proposal for solving the social security
Q10: Which of the following acts specifies the
Q11: Privatization of the social security system would
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