Question

1. The three-legged stool deals with _____.

Answer 1

The three-legged stool refers to the different sources of money during the retirement - often those are social security, employee pensions, and personal savings. They don't typically involve checking accounts - so the best answer is c)

Social Security is a federal program - so it will be paid by the government (answer a) (specifically, it's paid by the payroll taxes)

The last answer is appreciate - when talking about economy, appreciate means to "increase in value"

Answer 2

The "three-legged stool" is an old phrase. It describes the three most common sources of retirement income: social Security, employee pensions, and personal savings. The correct answer for that is C.

Social security is a payment made for the people in need, i.e, people with lower income or no income. Since it is a government plan and it concerns government's work, the correct answer is A.

Appreciate means to gain value. In this question, appreciate is a correct answer. Since we are discussing the value, not the price of the asset and appreciation is correct. The answer is C.