The graphs show the amount being paid in Social Security benefits and the amount going into the
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The graphs show the amount being paid in Social Security benefits and the amount going into the system. All data are expressed in billions of dollars. Amounts from 2016 through 2024 are projections.
Exercises 35–37 are based on the data shown by the graphs.
In 2004, the system’s income was $575 billion, projected to increase at an average rate of $43 billion per year. In which year will the system’s income be $1177 billion?
Transcribed Image Text:
Income/Outflow (billions of dollars) $2000 $1600 $1200 $800 $400 Social Insecurity: Income and Outflow of the Social Security System 2004 Income Outflow 2008 2012 2016 2020 2024 Year
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