Which of the following statements concerning social insurance benefits

Which of the following statements concerning social insurance benefits is (are) correct?

I. Social insurance benefits are heavily weighted in favor of upper-income groups because of their higher earnings.
II. Social insurance benefits are financed entirely or in part by mandatory contributions by covered employers and employees, and not by general revenues of the government.
A) I only
B) II only
C) both I and II
D) neither I nor II

 

 

ANSWER

Answer: B

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