Question 1

The long-term problems for Social Security include all of the following except

Accepted Answer

A)  the recent low birth rate. 
B)  increased life expectancies. 
C)  the eventual retirement of the baby-boomer generation. 
D)  an increasing "dependency ratio." 
E)  None of the above. 
A)  the recent low birth rate. 
B)  increased life expectancies. 
C)  the eventual retirement of the baby-boomer generation. 
D)  an increasing "dependency ratio." 
E)  None of the above.

Question 2

Conservatives would agree to an involuntary Social Security system so long as benefits received by a person equaled the contributions made.

Accepted Answer

A) True 
 B)False

Question 3

The Radical concept of legitimation refers to those expenditures aimed at raising profitability.

Accepted Answer

A) True 
 B)False

Question 4

Liberals blame much of the Social Security problems on inflation, cost of living adjustments, and high unemployment rates.

Accepted Answer

A) True 
 B)False

Question 5

Social Security is the largest in the federal budget.

Accepted Answer

A) True 
 B)False

Question 6

For Conservatives, which of the following is not an option for dealing with the Social Security issue?

Accepted Answer

A)  Closing down the system. 
B)  A drastic reduction in benefits. 
C)  Broadening the number of Social Security contributors and thus increasing contributions. 
D)  Waiting for the program to collapse. 
A)  Closing down the system. 
B)  A drastic reduction in benefits. 
C)  Broadening the number of Social Security contributors and thus increasing contributions. 
D)  Waiting for the program to collapse.

Question 7

Liberals would disagree with which of the following?

Accepted Answer

A)  Social Security is preferable to private savings and charity. 
B)  Social Security benefit demands will grow in the future. 
C)  Americans cannot afford Social Security. 
D)  Social Security problems have largely resulted from the economy's macroeconomic performance. 
E)  All of the above. 
A)  Social Security is preferable to private savings and charity. 
B)  Social Security benefit demands will grow in the future. 
C)  Americans cannot afford Social Security. 
D)  Social Security problems have largely resulted from the economy's macroeconomic performance. 
E)  All of the above.

Question 8

Social Security tax rate is regressive because it rises with income.

Accepted Answer

A) True 
 B)False

Question 9

As an intermediate solution to the Social Security problem, Conservatives would like to base future benefits on the recipients' wages.

Accepted Answer

A) True 
 B)False

The long-term problems for Social Security include all of the following except

Conservatives would agree to an involuntary Social Security system so long as benefits received by a person equaled the contributions made.

The Radical concept of legitimation refers to those expenditures aimed at raising profitability.

Liberals blame much of the Social Security problems on inflation, cost of living adjustments, and high unemployment rates.

Social Security is the largest in the federal budget.

For Conservatives, which of the following is not an option for dealing with the Social Security issue?

Liberals would disagree with which of the following?

Social Security tax rate is regressive because it rises with income.

As an intermediate solution to the Social Security problem, Conservatives would like to base future benefits on the recipients' wages.

Responding to Market Outcomes: Competitionor Protection for American Agriculture

Consumer Welfare: Is It Necessary to Protect the Consumer

Dealing With Externalities: How Can We Save the Environment

Imperfect Competition: Is Big Business a Threat or a Boon

Economic Regulation Which Path: Deregulation or Reregulation

Income Distribution: Does America Have an Income Inequality Problem

Financing Government: What Is a Fair System of Taxation

Macroeconomic Instability: Are We Depression-Proof

Economic Growth and Stability: Can We Maintain High and Steady Rates of Economic Growth

Balancing the Federal Budget: Should We Be Worried About the Rising Federal Deficit

Unemployment: Is Joblessness an Overrated Problem

Inflation: Can Price Pressures Be Kept Under Control

International Economics: Where Does America Fit Into the New World Order

Ideological Differences and Justifications for Planning in Economics

Filters

Exam 13: The New Population Problem: Can We Save Our Social Security System

The long-term problems for Social Security include all of the following except

Conservatives would agree to an involuntary Social Security system so long as benefits received by a person equaled the contributions made.

The Radical concept of legitimation refers to those expenditures aimed at raising profitability.

Liberals blame much of the Social Security problems on inflation, cost of living adjustments, and high unemployment rates.

Social Security is the largest in the federal budget.

For Conservatives, which of the following is not an option for dealing with the Social Security issue?

Liberals would disagree with which of the following?

Social Security tax rate is regressive because it rises with income.

As an intermediate solution to the Social Security problem, Conservatives would like to base future benefits on the recipients' wages.

Responding to Market Outcomes: Competitionor Protection for American Agriculture

Consumer Welfare: Is It Necessary to Protect the Consumer

Dealing With Externalities: How Can We Save the Environment

Imperfect Competition: Is Big Business a Threat or a Boon

Economic Regulation Which Path: Deregulation or Reregulation

Income Distribution: Does America Have an Income Inequality Problem

Financing Government: What Is a Fair System of Taxation

Macroeconomic Instability: Are We Depression-Proof

Economic Growth and Stability: Can We Maintain High and Steady Rates of Economic Growth

Balancing the Federal Budget: Should We Be Worried About the Rising Federal Deficit

Unemployment: Is Joblessness an Overrated Problem

Inflation: Can Price Pressures Be Kept Under Control

International Economics: Where Does America Fit Into the New World Order

Ideological Differences and Justifications for Planning in Economics

Filters