5. U.S. federal spending Aa Aa The following figure shows the breakdown of U.S.

Question

5. U.S. federal spending Aa Aa The following figure shows the breakdown of U.S. federal spending in 2013. Use this information to answer the questions that follow Program Social Security Defense Spending (Sb) Percentage $807.8 $624.9 $585.3 $265.4 23.4% Everything olsa 18.1% Social Security 23.4% Medicare 16.9% Interest on the debt 6.4% Medicaid 7.7% Unemployment insurance and welfare Interest on the debt and welfare 9.8% Defense 18.1% $339.9 $221.3 $609.7 9.8% 6.4% 17.7% Medicare 16.9% 77% Everything else Total federal pending $3,454.3 100.0% U.S. Federal Spending (2013) Source: U.S. Government Printing Office: Budget of the United States Govarnment What can you tell from the distribution of U.S. federal spending in 2013? Check all that apply U.S. federal spending benefited all Americans to the same extent. The U.S. federal government spent over 25% of the budget on education and science and technology ? The U.S. federal government spent more than half of its budget on Social Security, defense, Medicare, and Medicaid Which of the following is a correct description of the Social Security program? Check all that apply ? Social Security pays more to people with longer life expectancy than to those with shorter life expectancy ? Using a present-value calculation, you can conclude that Social Security has become more generous over time Married couples receive more Social Security benefits than singles The federal government collects Social Security taxes from current workers and makes payments to the current elderly

Explanation / Answer

Q1)option 3 , the % sum of budget allocation on all social security program exceed 50%

Q2) option 3 is right

If you’re not married, you qualify for Social Security benefits based on your work history. You must have accumulated the number of work credits required by the Social Security Administration and have paid Social Security taxes while you worked. If you’re married, only one spouse needs to meet the individual qualifications for Social Security benefits; the other spouse can receive spousal benefits as a result.

Option 4 is also right, this is how the social security payments are financed.

Option 1 is also right

Q3) all options are anti poverty programs

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