The current Social Security system works to the disadvantage of blacks primarily because the
a. average annual earnings of blacks are generally lower than other groups.
b. average life expectancy of blacks is generally less than other groups.
c. Social Security tax rates imposed on blacks are higher than those imposed on other groups.
d. Social Security benefit formula is disadvantageous to blacks.
B
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What is the labor theory of value?
What will be an ideal response?
Fiscal policy during periods of relatively low unemployment and low inflation have
A) little effect due to time lags and the crowding-out effect. B) significant effect due to the timely intervention of the president and congress. C) significant effect because the changes in fiscal policy gives investors confidence in the economy. D) little effect because the global market makes up fifty percent of aggregate spending.