A Factor That Would Reduce the Ability of the Social

question 107

Multiple Choice

A factor that would reduce the ability of the Social Security system to maintain current benefit levels with constant tax rates is

• A)rapid real wage growth.
• B)reduced population growth.
• C)adoption of a "pay as you go" system.
• D)a slowdown in inflation.

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Definitions:

Jointly Exhaustive

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Consistent Principle

A rule or guideline in logic or mathematics that does not lead to a contradiction when applied.

Jointly Exhaustive

A condition in which all possible cases or outcomes are covered or accounted for by a set of categories or propositions.

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