If the US Economy Grew Rapidly in the Future, Would This Eliminate

question 167

Multiple Choice

If the U.S. economy grew rapidly in the future, would this eliminate the long run deficit of Social Security?

• A) No; future Social Security benefits are tied to nominal wages and therefore increases in real incomes will also increase the future retirement benefits.
• B) Yes; a rapid real growth rate would increase tax revenues without increasing the real benefit levels of future recipients.
• C) Yes, more rapid growth would lead to inflation and this would help eliminate the system's long run deficit.
• D) Yes, but only if the rapid growth led to a substantial increase in net exports.

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Definitions:

Expressive Hand Gestures

Movements of the hands and arms used to convey feelings or communicate nonverbally during interactions.

Nonverbal Intent

Nonverbal intent involves the communication of intentions or feelings without the use of spoken language, often through gestures, facial expressions, and body language.

Secure Attachment Bonds

Emotional bonds between individuals characterized by safety, trust, and positive regard; often discussed in the context of caregiver-child relationships.

Psychological Safety

A condition within a group or environment where individuals feel safe to take risks, voice their opinions, and be honest without fear of negative consequences.