Question

In: Economics

The New Deal program that mandated that workers and employers pay into a national retirement fund...

The New Deal program that mandated that workers and employers pay into a national retirement fund for retired workers was (and is still) known as:

A.

the Agricultural Adjustment Act

B.

the Social Security Administration

C.

the Federal Deposit Insurance Corporation

D.

the Works Progress Administration

Solutions

Expert Solution

  • The Social Security Administration (SSA) is the organization that oversees and runs the Social Security program in the United States.
  • The benefits administered include social security retirement income and disability income programs, among others.
  • The SSA is also responsible for issuing Social Security numbers, administering benefits, and managing the program's finances and trust fund. Every year it issues a financial report.
  • SSA administers the retirement, survivors, and disabled social insurance programs, which can provide monthly benefits to aged or disabled workers, their spouses and children, and to the survivors of insured workers.

Hence ( B ) part is a correct answer


Related Solutions

Some employers pay their workers with a hybrid compensation program which is composed of a flat...
Some employers pay their workers with a hybrid compensation program which is composed of a flat salary plus incentive pay. For example, a pharmaceutical sales associate may be paid a base salary of $2,000 per month plus a 10% commission on their sales. The compensation scheme can be altered by offering more incentive for the workers (e.g., a lower base salary and a higher commission) or more safety and fairness for workers (e.g., a higher base salary and a lower...
What are some key components of the New Deal that affected the relationship between workers and their employers?
What are some key components of the New Deal that affected the relationship between workers and their employers?
HISTORY-- Which New Deal program sought to make it easier for workers to organize into unions...
HISTORY-- Which New Deal program sought to make it easier for workers to organize into unions by prohibiting employers from firing or retaliating against workers for attempts at unionization? A. the Glass-Steagal Act B. the National Labor Relations Act / “Wagner Act” C. the Public Works Administration D. the Resettlement Administration
True or False. The FLSA does not require employers to pay hourly workers a minimum wage...
True or False. The FLSA does not require employers to pay hourly workers a minimum wage or overtime?
Write a C++ program that calculates pay for either hourly paid workers or salaried workers.
Write a C++ program that calculates pay for either hourly paid workers or salaried workers. Hourly paid workers are paid their hourly pay rate times the number of hours worked. Salaried workers are payed their regular salary plus any bonus they may have earned. The program should declare two structures for the following data:• Hourly Paid◦ HoursWorked◦ HourlyRate• Salaried◦ Salary◦ BonusThe program should also declare a structure with two members. Each member should be a structure variable: one for the...
The Equal Pay Act of 1963 prohibited employers from paying different wages to workers who performed...
The Equal Pay Act of 1963 prohibited employers from paying different wages to workers who performed the same work but differed by gender. There were for exceptions to this standard. List the four exceptions and provide a contemporary example of each.
Write a program that calculates pay for either hourly paid workers or salaried workers. Hourly paid...
Write a program that calculates pay for either hourly paid workers or salaried workers. Hourly paid workers are paid their hourly pay rate times the number of hours worked. Salaried workers are payed their regular salary plus any bonus they may have earned. The program should declare two structures for the following data: • Hourly Paid ◦HoursWorked ◦ HourlyRate • Salaried ◦ Salary ◦ Bonus The program should also declare a structure with two members. Each member should be a...
how to affect the new deal after the role of the national government? essay
how to affect the new deal after the role of the national government? essay
The insurance company which manages the retirement fund promises to pay a stated (or nominal) rate...
The insurance company which manages the retirement fund promises to pay a stated (or nominal) rate of 12% per year, but with quarterly compounding. if your mother invests $1000 each six months, starting 18 months from today, how much will she have 5 years from now, assuming the last payment is made at the end of year 5? Draw the time lines for all the problems and show all the formulas/equations.
MACROECONOMICS PAPER ASSIGNMENT The Physicians for a National Health Program and Single Pay National Health Care...
MACROECONOMICS PAPER ASSIGNMENT The Physicians for a National Health Program and Single Pay National Health Care Insurance Due April 12 One of our country’s most significant fiscal policy issues is rising health care costs. The Physicians for a National Health Program (PNHP) is a non-profit organization of 20,000 physicians, medical students, and health professionals who support single-payer national health insurance (or Medicare For All) as a means of reforming health care in the United States. It is currently the health...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT