QUESTION IMAGE
Question
which of the following statements accurately describes the result of an increasing worker - per - beneficiary ratio in the social security system?
a. more taxed workers than beneficiaries means that the system is collecting more money for the money being drawn out. this leaves money in the system and secures benefits for future beneficiaries.
b. more taxed workers than beneficiaries means more money is being drawn from the system for the money put in. this leaves a shortage of money in the system making benefits for future beneficiaries insecure.
c. more taxed workers than beneficiaries means that the system is collecting more money for the money being drawn out. this leaves a shortage of money in the system making benefits for future beneficiaries insecure.
d. more taxed workers than beneficiaries means more money is being drawn from the system for the money put in. this leaves money in the system and secures benefits for future beneficiaries.
When there are more taxed - workers than beneficiaries in the Social Security system, more money is being contributed (from workers' taxes) than is being withdrawn (by beneficiaries). This surplus of funds within the system helps to secure benefits for future beneficiaries.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
a. More taxed workers than beneficiaries means that the system is collecting more money for the money being drawn out. This leaves money in the system and secures benefits for future beneficiaries.