A Pay as You Go Social Security System Only Increase

question 59

Multiple Choice

A pay as you go social security system only increase consumption and reduces investment, if:

• A)households leave bequests.
• B)if households neglect the adverse affects on their descendants.
• C)if the planning horizon is overlapping generations.
• D)households increase their savings.

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Definitions:

Measure Tendency

The inclination or preference towards a particular measurement or outcome.

Most Frequent

The outcome or value that occurs most often within a data set or sample.

Central Tendency

A single number or value that describes the typical or central score among a set of scores.

Frequency Distribution

A mathematical function that shows the number of occurrences of each value of a variable, often represented in a table or graph.