TRUE or FALSE: In 2009, the ratio of payers to beneficiaries for Social Security was 5:1

True (56% people answered this) False (43% people answered this) 185 people answered. ---------- Correct answer is: False The ratio of payers to beneficiaries for Social Security was 3:1. ---------- University of Texas at Austin is participating in…Read More

TRUE or FALSE: The last President the U.S. had a budget surplus under was Bill Clinton

True (84% people answered this) False (15% people answered this) 196 people answered. ---------- Correct answer is: True ---------- University of Texas at Austin is participating in Up to Us, a nationwide competition to educate and engage campus…Read More

TRUE or FALSE: Medicare and Medicaid cover healthcare costs for over 100 million Americans

True (88% people answered this) False (11% people answered this) 162 people answered. ---------- Correct answer is: True ---------- University of Texas at Austin is participating in Up to Us, a nationwide competition to educate and engage campus…Read More

TRUE or FALSE: Defense spending in 2012 was greater than Medicare and Medicaid spending combined.

True (60% people answered this) False (39% people answered this) 231 people answered. ---------- Correct answer is: False ---------- University of Texas at Austin is participating in Up to Us, a nationwide competition to educate and engage campus…Read More

Which of the following taxes represent the largest source of income for the Federal government?

Sales Tax (15% people answered this) Payroll Tax (18% people answered this) Individual Income Tax (66% people answered this) 280 people answered. ---------- Correct answer is: Individual Income Tax The individual income tax represents the largest…Read More

How much has the Federal Debt increased since 2008 (9.5 trillion)?

7.1 trillion (76% people answered this) 16.6 trillion (22% people answered this) It has decreased (1% people answered this) 290 people answered. ---------- Correct answer is: 7.1 trillion ---------- University of Texas at Austin is participating…Read More

As of June 2012, how much of the US federal debt does China own?

1.4 Trillion (64% people answered this) They can own US debt? (5% people answered this) 8.6 Trillion (27% people answered this) All of it (2% people answered this) 276 people answered. ---------- Correct answer is: 1.4 Trillion ---------- …Read More
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