When Social Security checks were first issued:
A) the nominal amount stayed the same for the life of the payments.
B) the nominal amount was regularly increased by 5 percent every 3 months.
C) the nominal amount was regularly increased by 10 percent every 3 years.
D) the nominal amount was regularly increased by 3 percent every 5 years.
Correct Answer:
Verified
Q68: Ida May Fuller was the first person
Q69: Social Security payments:
A)were not indexed to adjust
Q70: Social Security payments:
A)continue to cause the elderly
Q71: Inflation:
A)doesn't necessarily harm purchasing power.
B)always decreases purchasing
Q72: Now that Social Security payments are indexed:
A)the
Q73: Social Security checks began to be issued
Q78: Social Security payments:
A)were not originally adjusted for
Q79: Indexing Social Security payments is done using:
A)the
Q82: COLA stands for:
A) cost-of-living adjustment.
B) cost-of-living aggregate.
C)
Q92: Until Congress began to periodically raise benefit
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