The U.S.Social Security Program

question 25

Multiple Choice

The U.S.Social Security program

• A)is a redistribution program that collects taxes from current workers to provide pensions for current retirees
• B)is a redistribution program that collects taxes from retired individuals with high incomes and uses them to provide pensions for individuals with low incomes
• C)is a pay-as-you-go program in which workers' contributions are invested to provide them with income at retirement
• D)is funded by earnings on its investment portfolio
• E)is funded through money creation by the Federal Reserve

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