Which of the Following Is NOT a Drawback to Privatizing

question 64

Multiple Choice

Which of the following is NOT a drawback to privatizing Social Security?

• A)Possible poor financial management by private firms.
• B)Possible higher returns based upon the historically successful outcomes of the stock market.
• C)High transition costs
• D)None of the above.

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Definitions:

Semantic Memory

A type of long-term memory involving the storage of factual information, concepts, and meanings.

Flashbulb Memories

Highly detailed and vivid memories of momentous or emotional events, which seem to be recorded in the mind like a photograph.

Information Processing

A cognitive approach that emphasizes the way individuals encode, store, and retrieve information.

Encoding

The process by which information is transformed into a format that can be stored in memory.