Current concern about Social Security is that
A) the fund is growing too rapidly and would trigger inflation.
B) the fund might be depleted before long and might not be there for workers who retire later.
C) the government is planning to phase out the program.
D) none of the above
Answer: B
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The faster the rate of technological progress: a. the greater the rate of economic growth
b. the slower the rate of economic growth. c. the greater the rate of population growth. d. the slower the rate of growth of the money supply.
Which of the following would increase the value of a firm's stock?
a. a decrease in the firm's present profit b. a decrease in the anticipated growth rate of future profits c. an increase in the perceived riskiness of future profits d. a fall in the interest rate e. an anticipated increase in the interest rate
The equilibrium wage rate is determined by
A. Market labor supply and market labor demand. B. Labor unions. C. Firms but not individuals. D. Individuals but not firms.
Which of the following is true concerning IRA's, 401(k) and 403(b) plans?
a. There are no limits on the amount of funds people can hold in them. b. Some people are not eligible to hold them. c. There are never penalties for withdrawals. d. All of the above are correct.