One possible solution to a diminishing social security payroll is to decrease the social security benefit by 13%. how would such a decrease effect the benefits on a salary of $54,000?
a. benefit would decrease by $1,404 annually.
b. benefit would decrease by $7,020 annually.
c. benefit would decrease by $8,640 annually.
d. benefit would decrease by $15,660 annually

Answer and Explanation

13%of 54000

13/100*54000=$7020

Benefit would decrease by $7,020 annually.

Social security payroll is the that match 1.45 percentage of ones earning. It is calculated by  multiplying the employees wage to the amount the company must withhold from the employees pay check for the social security payroll while social benefits are the benefits that are paid to divorced spouses of workers who are receiving social security benefits which provides you 50 percent of the amount of your spouse's Social Security benefit as calculated at their full retirement age

c: in the east might be the correct answer

abolish

do away with

unanimous

in complete agreement

secede

separate; break free

inauguration

starting a new position with a formal ceremony.

cooperationist

people who wanted the north to cooperate with the south

surrender

to give up

volunteer

perform a service for free

draft

involuntary service in military

retreat

withdraw; move away from enemy

advisor

expert who gives advice

explanation: