If Households Ignore Effects on Future Generations, a Pay as You

question 52

Multiple Choice

If households ignore effects on future generations, a pay as you go social security system:

• A)raises current national savings.
• B)raises investment.
• C)reduces the future capital stock.
• D)all of the above.

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Definitions:

Goal Directed Behavior

Actions taken by individuals or organizations with the intention of achieving specific objectives or outcomes.

Human Relations

The study and practice of improving interactions and relationships among people within an organization.