The social insurance provided by the government is insurance against
a. floods, hurricanes, and other natural disasters
b. loss of funds in private pension programs
c. sizable income losses when people retire or when they become disabled or unemployed
d. loss of value of stocks and bonds when corporations go bankrupt
e. loss of funds in private pension plans, retirement annuities, and unemployment
C
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When Grayce deposits $4,000 cash in her checkable deposit at the Beach Bank and the Beach Bank's excess reserves increase by $3,600, the desired reserve ratio is
A) 5 percent. B) 90 percent. C) 10 percent. D) 15 percent. E) $400.
The "Four Freedoms" do NOT include the right to
A) vote in local elections. B) migrate within the EU. C) write insurance policies throughout the EU. D) open bank accounts anywhere in the EU. E) move goods from one country to another inside the EU.