Which of the following statements concerning Social Security is correct?
A. Workers and employers appear to share the burden of the payroll tax equally.
B. Rates of return based only on monetary benefits and costs average 4-5%.
C. Rates of return based only on monetary benefits and costs average 1-2%.
D. There are no non-monetary benefits associated with Social Security.
Answer:C
Which of the following statements concerning Social Security is correct?
A. Workers and employers appear to share the burden of the payroll tax equally. B. Rates of return based only on monetary benefits and costs average 4-5%. C. Rates of return based only on monetary benefits and costs average 1-2%. D. There are no non-monetary benefits associated with Social Security.