In 1970 the Social Security tax rate was ______ and had increased to ______ by 2008.
A) 0.84%;0.124%
B) 12.4%;8.4%
C) 8.4%;12.4%
D) 84%;124%
Correct Answer:
Verified
Q3: When workers save less during their working
Q7: Social Security benefits have played an important
Q8: In 2007,the Social Security program had costs
Q9: The retirement effect is
A) when people retire
Q9: An earnings test as it relates to
Q12: The Social Security Administration has which program(s)to
Q13: An actuarially fair return means
A) returns on
Q13: Social security taxes are projected to fall
Q14: A worker can begin receiving benefits as
Q16: Carve-out accounts
A)applies only to workers between 65
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