ATI GERONTOLOGY FINAL EXAM 2025-2026 QUESTIONS
AND CORRECT ANSWERS CURRENTLY TESTING
COMPLETE QUESTIONS WITH DETAILED VERIFIED
ANSWERS /ALREADY GRADED A+
Social Security benefit levels are based on ...-ANSWER-prior
earnings and length of work history
What is the distinguishing features of social insurance
programs?-ANSWER-1– Provides economic security over the
life course
2– Prevents people from falling into destitution rather than
rescue em'
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,What is the distinguishing feature of fiscal welfare programs?-
ANSWER-1– indirect payments made to individuals through
tax breaks.
Which type of tax finances the majority of federal social
assistance programs-ANSWER-Income taxes
Which type of tax finances the majority of federal social
insurance programs-ANSWER-Payroll taxes paid by workers
and employers
Fiscal Welfare is.....-ANSWER-indirect payments to individuals
through the tax system
Fiscal welfare programs are know better as....-ANSWER-tax
breaks
Define the “replacement rate"....-ANSWER-the portion of
preretirement pay that is replaced by the Social security
benefit
What income [H/L] have higher social security replacement
rate?-ANSWER-1– low
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, 2– because higher lifetime earning have lower replacement
rates
In what year was legislation passed establishing Social
Security?-ANSWER-1935
In what year was legislation passed establishing
Medicare/Medicaid?-ANSWER-1965
What is the source of the largest share of older people’s
income...-ANSWER-Social security.
What is Supplemental Security Income?-ANSWER-a means
tested program of public assistance for the aged, blind and
disabled poor who had not earned the right to social security
How is the Social Security benefit affected by retiring at 62
rather than 65 years of age?-ANSWER-Workers that retire at
62 receive 20% reduced benefits
What is the difference between a progressive tax and a
regressive tax-ANSWER-1– Progressive–the more you earn, the
higher your tax rate.
3|Page
AND CORRECT ANSWERS CURRENTLY TESTING
COMPLETE QUESTIONS WITH DETAILED VERIFIED
ANSWERS /ALREADY GRADED A+
Social Security benefit levels are based on ...-ANSWER-prior
earnings and length of work history
What is the distinguishing features of social insurance
programs?-ANSWER-1– Provides economic security over the
life course
2– Prevents people from falling into destitution rather than
rescue em'
1|Page
,What is the distinguishing feature of fiscal welfare programs?-
ANSWER-1– indirect payments made to individuals through
tax breaks.
Which type of tax finances the majority of federal social
assistance programs-ANSWER-Income taxes
Which type of tax finances the majority of federal social
insurance programs-ANSWER-Payroll taxes paid by workers
and employers
Fiscal Welfare is.....-ANSWER-indirect payments to individuals
through the tax system
Fiscal welfare programs are know better as....-ANSWER-tax
breaks
Define the “replacement rate"....-ANSWER-the portion of
preretirement pay that is replaced by the Social security
benefit
What income [H/L] have higher social security replacement
rate?-ANSWER-1– low
2|Page
, 2– because higher lifetime earning have lower replacement
rates
In what year was legislation passed establishing Social
Security?-ANSWER-1935
In what year was legislation passed establishing
Medicare/Medicaid?-ANSWER-1965
What is the source of the largest share of older people’s
income...-ANSWER-Social security.
What is Supplemental Security Income?-ANSWER-a means
tested program of public assistance for the aged, blind and
disabled poor who had not earned the right to social security
How is the Social Security benefit affected by retiring at 62
rather than 65 years of age?-ANSWER-Workers that retire at
62 receive 20% reduced benefits
What is the difference between a progressive tax and a
regressive tax-ANSWER-1– Progressive–the more you earn, the
higher your tax rate.
3|Page
