The amount single retirees receive in a monthly check if they retire at their retirement age is
A. their PIA.
B. their AIME.
C. constant throughout their lifetime.
D. the most the retiree can receive in interest without having part of their benefit reduced.
Answer: A
You might also like to view...
If the Fed decreases the money supply, gross domestic product: a. increases by the same amount as the increase in the interest rate
b. decreases by a greater amount than the increase in the interest rate because of the multiplier. c. decreases by the same amount as the decrease in investment. d. decreases by a greater amount than the decrease in investment because of the multiplier. e. decreases by a lesser amount than the decrease in investment because of the multiplier.
If Americans buy 100 million British pounds at an equilibrium exchange rate of $2 per pound, how many dollars are they supplying?
a. $2 million b. $50 million c. $2 d. $200 million e. $100 million
Arrow's impossibility theorem is "disturbing" in the sense that it proves that
a. no voting system is perfect. b. only a dictator can produce a desirable social outcome. c. the preferences of the wealthy should be given more weight than the preferences of the poor. d. the centuries-old Condorcet paradox was not a paradox after all.
If the quantity supplied of a product is less than the quantity demanded, then:
a. There is a surplus of the product b. There is a shortage of the product c. The product is an inferior good d. The product is a normal good