QUESTION IMAGE
Question
__________ is a federal program of disability and retirement benefits.
○ fixed income
○ fafsa
○ social security
○ 401 k
the total dollar value of all final goods, services, and structures produced within a countrys borders in a 12 - month period is known as __________.
○ consumer price index
○ inflation
○ gross domestic product
○ human capital
Brief Explanations
- For the first question: Fixed income is a type of investment income, FAFSA is a student aid application, 401K is an employer-sponsored retirement plan. Only Social Security is a U.S. federal program that provides disability and retirement benefits.
- For the second question: Consumer price index measures inflation, inflation is the rise in price levels, human capital refers to worker skills/knowledge. Gross domestic product (GDP) is defined as the total dollar value of all final goods, services, and structures produced within a country's borders in a year.
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- C. Social Security
- C. gross domestic product