Suppose that Social Security measures a quarter of coverage earned as $900. Mario works during the June and July only and earns $9,000 of covered wages. How many quarters of coverage does he receive for that year?
A)1
B)4
C)10
D)up to 10, depending upon whether or not he is self-employed

Question

Quizplus · Accepted Answer

To calculate the number of quarters of coverage, we need to divide the total covered wages by the amount earned in a quarter of coverage, which is $900.

Quarter of coverage = $900

Total covered wages = $9,000

Number of quarters of coverage = $9,000 ÷ $900 = 10

Since Mario worked only during June and July, he earned for only two quarters. Therefore, he can earn a maximum of two quarters of coverage for that year. However, the question asks how many quarters of coverage he "receives" for that year. It does not mention whether he has other covered wages or self-employment income which could contribute to the number of quarters of coverage earned in that year. So the answer is B, as we can assume that he only receives the two quarters of coverage earned during the June and July for that year.

Suppose That Social Security Measures a Quarter of Coverage Earned