One Proposed Solution to the Funding Problems Faced by Social

question 113

Multiple Choice

One proposed solution to the funding problems faced by Social Security and Medicare is to implement means-testing,so that only those with limited retirement funds would qualify for the government benefits.An unintended consequence of such a requirement may be

• A) an increase in private saving.
• B) a decrease in the incentive to save for retirement.
• C) improved solvency for Social Security and Medicare.
• D) fewer elderly people receiving benefits.
• E) that some workers paying into the programs never receive any benefits from the programs.

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Definitions:

Microsystem

In ecological systems theory, this term refers to the immediate environments with which an individual interacts, such as family, school, and workplace.

Critical Period

A specific time frame in the early stages of an organism's life during which it is particularly sensitive to certain environmental stimuli that are essential for proper development.

Human Fetus

A developing human from the end of the embryonic period, approximately nine weeks after fertilization, until birth.

Sensitive Period

A critical phase in early development where the individual is particularly receptive to certain stimuli and capable of acquiring specific skills or knowledge.