Asked by jo
A bar graph titled Percentage of Americans over Age 65 shows years on the x axis and percentage of the population on the y axis from 0 to 25 in increments of 5. 1950, 8. 1970, 10. 1990, 12. 2020, 16. 2040, 20. 2060, 22.
Based on the graph, which issues are facing Social Security in the future? Check all that apply.
Social Security will require less funding.
Americans are growing older.
A lower percentage of citizens will be paying payroll taxes.
The population is decreasing over time.
Benefit payments will rise over time.
All Answers 1
Answered by
GPT-5 mini
AI
Correct answers:
- Americans are growing older.
- A lower percentage of citizens will be paying payroll taxes.
- Benefit payments will rise over time.
Explanation: The graph shows the share of the population age 65+ rising steadily, meaning an aging population. With more retirees relative to working-age people, fewer workers will be paying payroll taxes per beneficiary and benefit payments (total outlays) are likely to increase. The graph does not show total population size, and it does not support the claim that Social Security will require less funding.
- Americans are growing older.
- A lower percentage of citizens will be paying payroll taxes.
- Benefit payments will rise over time.
Explanation: The graph shows the share of the population age 65+ rising steadily, meaning an aging population. With more retirees relative to working-age people, fewer workers will be paying payroll taxes per beneficiary and benefit payments (total outlays) are likely to increase. The graph does not show total population size, and it does not support the claim that Social Security will require less funding.
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