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Moral hazard represents a problem for fully-funded social security because
Investing
Allocating resources, usually money, with the expectation of generating an income or profit.
Saving
The act of setting aside a portion of current income for future use, typically in a secure form such as a bank account or investment, to meet long-term goals or emergencies.
Shares
Shares represent an ownership stake in a company or financial asset, entitling the holder to a proportional share of the profits through dividends, if such profits are distributed.
Supply Curve
A graphical representation showing the relationship between the price of a good or service and the quantity of that good or service that suppliers are willing to make available.
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