The Creation of the Social Security Program Had No Impact

question 91

True/False

The creation of the Social Security program had no impact on the labor force participation rate because people are not interested in working past the age of 65.

---

Definitions:

Sales

Transactions involving the exchange of goods or services for money or equivalent rewards.

Quick Ratio

A financial metric that measures a company’s ability to meet its short-term obligations with its most liquid assets.

Current Ratio

A financial metric assessing a firm's capacity to meet its obligations due within the next year by dividing its current assets by its current liabilities.

Inventory

The total amount of goods and materials held by a company intended for sale or production.