Which of the following is least likely to result from the problems facing the Social Security system?
A) an increase in the age at which full Social Security benefits are received
B) cuts in benefits
C) reductions in Social Security taxes
D) reductions in cost-of-living adjustments

Question

Quizplus · Accepted Answer

The problems facing the Social Security system include an aging population and a declining ratio of workers to beneficiaries, which put strain on the system's finances. Therefore, it is unlikely that Social Security taxes will be reduced as this would further strain the system's finances. Options A, B, and D, however, are more likely outcomes as they involve changes to benefits, such as increasing the age at which full benefits are received or reducing cost-of-living adjustments, to help address the system's financial problems.

Which of the Following Is Least Likely to Result from the Problems