When Future Cost Containment of a Benefit May Be a Problem,the

question 72

True/False

When future cost containment of a benefit may be a problem,the benefit should be offered on a noncontributory basis.

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Definitions:

Social Contracts

Theoretical agreements within a society that define and limit the rights and duties of its members.

Evolution

The process by which different kinds of living organisms are thought to have developed and diversified from earlier forms during the history of the earth.

Hindsight Bias

A tendency to exaggerate the certainty of what could have been anticipated ahead of time.

Presidential Election

An electoral process in which citizens vote to elect an individual to serve as the head of the government or the state.