Multiple Choice
The Social Security system is currently generating tax revenues that exceed the benefits paid to recipients. This surplus is
A) being invested in foreign bonds, which will provide Americans with a source of income when the baby boom generation retires.
B) separated from other government revenue so politicians will not spend the money during the current period.
C) being channeled into earmarked private savings accounts.
D) invested in government bonds, the redemption of which will require an increase in taxes (or additional Treasury borrowing) .
Correct Answer:

Verified
Correct Answer:
Verified
Q90: The opportunity cost of an action is<br>A)
Q91: Which of the following is not a
Q92: In economics, transaction costs refer to the<br>A)
Q93: The student government associations at several universities
Q94: As a general rule, technological progress<br>A) shifts
Q96: Opportunity costs differ among nations primarily because<br>A)
Q97: Recent legislation provides parents with a substantial
Q98: Production possibilities curve are usually bowed outward.
Q99: If Mia can either wash 10 cars
Q100: Which of the following is true of