Asked by
Aaftab Singh
on Oct 13, 2024Verified
The annual Social Security surplus has been _____ a year.
A) somewhat less than $100 billion
B) over $100 billion
C) somewhat less than $200 billion
D) over $200 billion
Social Security Surplus
The excess funds collected through Social Security taxes over the amounts paid out as benefits.
Billion
A numerical value equivalent to 1,000 million, often used to denote a very large quantity or amount in financial and statistical contexts.
- Gain insight into the concepts of budget deficits and surpluses, as well as their associated effects.
Verified Answer
BF
Learning Objectives
- Gain insight into the concepts of budget deficits and surpluses, as well as their associated effects.