Which of the Following Would Be a Benefit of Privatizing

question 23

Multiple Choice

Which of the following would be a benefit of privatizing Social Security?

• A) Savings would be managed by federally paid financial planners,thus insulating individuals from excessively high management fees.
• B) Individuals with varying degrees of risk aversion would have options regarding how they wanted to invest.
• C) Administrative costs are lower with privatization than with the federal program.
• D) Government would no longer need to be involved in any way.

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Definitions:

Critical-Thinking Component

A cognitive aspect that involves analyzing, evaluating, and synthesizing information to make reasoned judgments.

Prescribed Shoulder Exercises

Specific exercises recommended by healthcare professionals to strengthen and improve the flexibility of the shoulder joint, often after injury or surgery.

Creativity

The ability to develop and implement new and better solutions or ideas

Intuition

The understanding or learning of things without the conscious use of reasoning.