Social Security Is an Example of a Trust Fund

question 71

True/False

Social Security is an example of a trust fund.

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Definitions:

System-2 Thinking

A cognitive processing methodology that involves analytical, conscious, and rational thought, as opposed to intuitive and quick decisions.

System-1 Decision

Fast, automatic, intuitive responses or decisions, as categorized by dual-process theory in cognitive psychology.

Deliberating

The process of thoughtfully considering various aspects or options before making a decision.