Which of the following statements is correct?

Question

Quizplus · Accepted Answer

According to the Social Security Administration, approximately 94 percent of workers in the United States are currently covered by Social Security, making statement C correct. Statement A is incorrect because the Social Security Act only provides for old-age, survivors, and disability insurance. Statement B is incorrect because an increase in income inequality means that the income gap between the rich and poor is widening, not necessarily that the income level of the poor is falling. Statement D is incorrect because while poverty remains a significant issue in the United States, currently about 10.5% of the US population is classified as living in poverty, not one-fifth.

Which of the Following Statements Is Correct