CHAPTER 12; TEST BANK

T 16. The Social Security tax rate for workers is 6.2 percent. T 17. The combined Social Security tax rate for employers and employees is 12.4 percent. F 18. Investing Social Security trust funds in government securities increases the national debt. F 19. If nothing is done to save it, Social Security will go bankrupt in 2037. F 20. ................
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