The Most Significant Argument Against Privatizing Social Security Is That

question 22

Multiple Choice

The most significant argument against privatizing Social Security is that

• A)Benefits would have to be cut
• B)It has not worked in other countries
• C)Future benefits levels cannot be guaranteed
• D)It is too complicated to be practical
• E)Taxes would have to be raised

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Definitions:

Agricultural Price Supports

Government interventions to stabilize or increase agricultural product prices through mechanisms such as subsidies or purchase commitments.

Acreage Allotments

A pre-1996 government program that limited the total number of acres to be used in producing (reduced amounts of) various food and fiber products and allocated these acres among individual farmers. These farmers had to limit their plantings to the allotted number of acres to obtain price supports for their crops.

Parity Ratio

is a measurement used to compare the value of one thing against another, often in agriculture or finance.

Prices Received

The amounts of money received by producers or sellers for their goods or services in the market.