Answer:
In simple words, Retired, incapacity, as well as survivor payments are all part of the Social Security program. In its nature, it is very much like a defined benefit pension plan.
Most employees contribute Social Security levies on their income to apply for many of these claims; claimants' advantages are dependent on the wages earner's payments. Aside from that, benefits like Supplemental Security Income (SSI) are dependent on use.
Answer:
c. automatic fiscal policy
Explanation:
Automatic fiscal policy are policies triggered automatically due to the state of the economy which causes either government spending or taxes to increase or decrease.
For example, if the economy is undergoing a downturn and real GDP falls, the amount paid as taxes would fall.
If the economy is booming and the real GDP rises, the amount paid as taxes would rise.
These are examples of automatic fiscal policies.
Discretionary fiscal policy is when the government purposely increases or reduces either its spending or taxes in response to the economic conditions.
I hope my answer helps you.
Explanation:
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